{"id":1004397677,"date":"2020-03-05T07:06:12","date_gmt":"2020-03-05T15:06:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004397677"},"modified":"2020-03-05T07:06:12","modified_gmt":"2020-03-05T15:06:12","slug":"orlando-monthly-cre-wrap-up-feb-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/","title":{"rendered":"Orlando Monthly CRE Wrap-Up (Feb. 2020)"},"content":{"rendered":"
\"\"<\/a>

Orlando. Image via Pixabay.com<\/em><\/p><\/div>\n

Orlando remains a hospitality hot spot, and the four hotel projects that landed $140 million in financing last month are one of the many hints that this is not going to change anytime soon. Meanwhile, a major mall is set to change hands as part of a larger, $3.6 billion acquisition. Here’s Commercial Property Executive<\/em>‘s selection of Orlando must-knows for the past month:<\/p>\n

1. DEAL \u2013 The Mall at Millenia to change hands as part of $3.6 billion Taubman acquisition.<\/strong><\/p>\n

Simon Property Group is set to acquire an 80 percent interest in Taubman Realty Group, which owns 34 Class A malls across the country. The 1.2 million-square-foot Mall at Millenia, located 3 miles from Universal Studios Florida, just off Interstate 4, is slated to trade as part of this transaction. The shopping mall’s  tenant roster includes Bloomingdale’s, Macy’s, Neiman Marcus, H&M and the Cheesecake Factory, among many others.<\/p>\n

2.<\/strong> FINANCING \u2013 HALL Structured Finance closes $140 million loan for new hotels near Disney.<\/strong><\/p>\n

The four projects located at the western entrance of Walt Disney World Resort add up to 997 guestrooms and are slated to come online by year-end. The list of properties underway includes a Fairfield Inn, a Residence Inn, a Homewood Suites and a Home 2 Suites, all being developed by Doradus Partners.<\/p>\n

3.<\/strong> DEAL \u2013 Brightman-Gil Real Estate buys Maitland office building.<\/strong><\/p>\n

Crocker Partners sold the 174,000-square-foot asset<\/a> located at 851 Trafalgar Court in Maitland, Fla. CBRE assisted the seller in the $28.2 million transaction. The buyer received a seven-year, $18.6 million loan from Reinsurance Group of America. The asset last changed hands in 2014, when Crocker acquired it from GID for $14.9 million.<\/p>\n

4. DEAL \u2013 Griffin Industrial acquires second Orlando industrial asset.<\/strong><\/p>\n

The company bought the property from an individual private investor for $7.9 million, according to public records. The property came online in 1985 and is located at 3320 Maggie Blvd. The 108,000-square-foot, fully leased facility increases Griffin\u2019s footprint to 41 assets totaling almost 4.6 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Four hotel projects near Disney land financing. Mall at Millenia changes ownership. Catch up on Orlando news with our selection of February must-knows.<\/p>\n","protected":false},"author":868,"featured_media":1004397743,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1493],"tags":[48884,32789,33742,36192,33301,42848],"class_list":["post-1004397677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-orlando","tag-thewrapup","tag-cbre","tag-crocker-partners-llc","tag-griffin-industrial-realty-incorporated","tag-simon-property-group-inc","tag-taubman-centers-inc"],"acf":[],"yoast_head":"\nOrlando Monthly CRE Wrap-Up (Feb. 2020) - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orlando Monthly CRE Wrap-Up (Feb. 2020)\" \/>\n<meta property=\"og:description\" content=\"Four hotel projects near Disney land financing. Mall at Millenia changes ownership. Catch up on Orlando news with our selection of February must-knows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-05T15:06:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"610\" \/>\n\t<meta property=\"og:image:height\" content=\"457\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/\"},\"author\":{\"name\":\"Sergiu Inizian\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/77efc8abfd11ea13ed9ee7a0e190eb2a\"},\"headline\":\"Orlando Monthly CRE Wrap-Up (Feb. 2020)\",\"datePublished\":\"2020-03-05T15:06:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/\"},\"wordCount\":338,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/03\\\/orlando-1104481_1280-4.jpg\",\"keywords\":[\"#TheWrapUp\",\"CBRE\",\"Crocker Partners LLC\",\"Griffin Industrial Realty Incorporated\",\"Simon Property Group Inc.\",\"Taubman Centers Inc.\"],\"articleSection\":[\"News\",\"Orlando\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/\",\"name\":\"Orlando Monthly CRE Wrap-Up (Feb. 2020) - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/03\\\/orlando-1104481_1280-4.jpg\",\"datePublished\":\"2020-03-05T15:06:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/77efc8abfd11ea13ed9ee7a0e190eb2a\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/03\\\/orlando-1104481_1280-4.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/03\\\/orlando-1104481_1280-4.jpg\",\"width\":610,\"height\":457,\"caption\":\"Orlando. Image via Pixabay.com\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/orlando-monthly-cre-wrap-up-feb-2020\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orlando Monthly CRE Wrap-Up (Feb. 2020)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/77efc8abfd11ea13ed9ee7a0e190eb2a\",\"name\":\"Sergiu Inizian\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b7d8372f9eadc9bebc87c14d0e66818c9440b37b6a497cf451851469b8741a4b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b7d8372f9eadc9bebc87c14d0e66818c9440b37b6a497cf451851469b8741a4b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b7d8372f9eadc9bebc87c14d0e66818c9440b37b6a497cf451851469b8741a4b?s=96&d=mm&r=g\",\"caption\":\"Sergiu Inizian\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/sergiui\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Orlando Monthly CRE Wrap-Up (Feb. 2020) - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/","og_locale":"en_US","og_type":"article","og_title":"Orlando Monthly CRE Wrap-Up (Feb. 2020)","og_description":"Four hotel projects near Disney land financing. Mall at Millenia changes ownership. Catch up on Orlando news with our selection of February must-knows.","og_url":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-03-05T15:06:12+00:00","og_image":[{"width":610,"height":457,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg","type":"image\/jpeg"}],"author":"Sergiu Inizian","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/"},"author":{"name":"Sergiu Inizian","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/77efc8abfd11ea13ed9ee7a0e190eb2a"},"headline":"Orlando Monthly CRE Wrap-Up (Feb. 2020)","datePublished":"2020-03-05T15:06:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/"},"wordCount":338,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg","keywords":["#TheWrapUp","CBRE","Crocker Partners LLC","Griffin Industrial Realty Incorporated","Simon Property Group Inc.","Taubman Centers Inc."],"articleSection":["News","Orlando"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/","url":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/","name":"Orlando Monthly CRE Wrap-Up (Feb. 2020) - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg","datePublished":"2020-03-05T15:06:12+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/77efc8abfd11ea13ed9ee7a0e190eb2a"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg","width":610,"height":457,"caption":"Orlando. Image via Pixabay.com"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/orlando-monthly-cre-wrap-up-feb-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Orlando Monthly CRE Wrap-Up (Feb. 2020)"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/77efc8abfd11ea13ed9ee7a0e190eb2a","name":"Sergiu Inizian","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b7d8372f9eadc9bebc87c14d0e66818c9440b37b6a497cf451851469b8741a4b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b7d8372f9eadc9bebc87c14d0e66818c9440b37b6a497cf451851469b8741a4b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b7d8372f9eadc9bebc87c14d0e66818c9440b37b6a497cf451851469b8741a4b?s=96&d=mm&r=g","caption":"Sergiu Inizian"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/sergiui\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/orlando-1104481_1280-4.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004397677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/868"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004397677"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004397677\/revisions"}],"predecessor-version":[{"id":1004397863,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004397677\/revisions\/1004397863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004397743"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004397677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004397677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004397677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}