Orlando
Lincoln Property Company Brokers New Orlando Lease for URS Corp.
URS Corp.—a fully integrated engineering, construction and technical services organization—has signed a new five-year lease of 16,500 square feet of office/flex space at Discovery Lakes I in Orlando.
Orlando Community Part of $100M Portfolio Acquired by Harbor Group
Affiliates of Harbor Group International, LLC have paid $99.7 million for a three-property Florida multifamily portfolio; the portfolio, consisting of a total of 1,218 units, included the Island Club gated community at 1401 South Kirkman Road, Orlando.
McCann Realty Enters Orlando Market with 276-Unit Purchase, Plans More Apartments
Along with the acquisition of Vista Lake Apartments, McCann Realty Partners, LLC has made its entrance into the Orlando market. McCann also bought an adjacent parcel of 16.4 acres and plans to build an additional 192 apartments as a second phase within the next year.
NAI Realvest Negotiates Three New Orlando Lease Agreements in One Week
NAI Realvest has carried out three successful lease negotiations for the Orlando metro area, all three within the past week.
Lake Nona Partners with GE to Deliver World-Class Energy Efficient, Healthy Community
Lake Nona—the 7,000-acre master planned community that will rise within the city limits of Orlando—is determined to rival the world’s largest health and sustainability communities, and has set up a partnership with GE to achieve this goal.
Lincoln Property Hired to Manage, Lease, Sell 388,367-Square-Foot Portfolio
GE Capital Real Estate recently assigned management, leasing and sales duties for a substantial portfolio of office/flex properties to Lincoln Property Company Southeast. The portfolio, encompassing 388,367 square feet, consists of three properties, all located in Orlando. While in 2010, GE Capital Real Estate foreclosed on this portfolio, the companyrecently decided to change real estate service providers.
Lee & Associates Expands Florida Presence, Opens Orlando Office
According to an official statement, Lee & Associates—one of the largest full-service commercial real estate firms in the country—will soon be taking another important step in establishing the firm’s presence in Florida and the Southeast.
DDR Expands Set Up Shop Program in Central Florida
Based on the positive results of the pilot “Set Up Shop” program started in Atlanta in early 2012, DDR has decided to expand this small-business leasing program to 24 of the company’s shopping centers throughout Florida, with an emphasis on the central Florida markets of Tampa and Orlando.
Lake Nona Breaks Ground on Publix-Anchored Shopping Center
A new shopping center is in store for Lake Nona, as work has started on the 5.6 million Lake Nona Plaza. Centrally located south of the SR 417 interchange on Narcoossee Road—across the street from Lake Nona Middle School and less than a mile away from Lake Nona High School and Valencia College’s new campus—the new shopping center will be anchored by a Publix Super Market.
Private Passenger Rail Service to Connect Orlando to Miami
Florida East Coast Industries made public its plans for a $1 billion passenger rail project that is to connect Orlando to South Florida. Called All Aboard Florida, the rail project will link the two metro areas through a 240-mile route combining 200 miles of existing tracks between Miami and Cocoa and the creation of 40 miles of new track to complete the route to Orlando.
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