Office Real Estate Developments

  • Osceola selects Skanska & Tennessee firm to build Tech Farm's first office building

    Osceola selects Skanska & Tennessee firm to build Tech Farm's first office building

    Tennessee-based Century HealthRealty and  Skanska USA will be recommended on Monday as the development team to build the first office building in Osceola County's Tech Farm research park. The firm beat out three other proposals for the county contract, which includes 2 acres free land adjacent...

  • KPMG prospective user for 54-acre Lake Nona training center, seeks tax rebates

    KPMG prospective user for 54-acre Lake Nona training center, seeks tax rebates

    New York-based KPMG LLP and the City of Orlando have a tentative agreement in place for more than $3.5 million in tax rebates over seven years, in exchange for the company's plan to invest an estimated $430 million to build an 800,000-square-foot corporate training and conference center in Lake...

  • Electronics manufacturer seeks tax incentives for plant expansion in Apopka

    Electronics manufacturer seeks tax incentives for plant expansion in Apopka

    The City of Apopka is set to approve tax incentives on Wednesday worth up to $60,000 for electronics manufacturer Qorvo US, Inc., which is leveraging rebates from the city, county and state in exchange for a $43 million expansion of its local plant.  Based in Greensboro, North Carolina, the company...

  • Eyesore property at entrance to Eustis sells for redevelopment

    Eyesore property at entrance to Eustis sells for redevelopment

    A former Lowe’s site that has sat empty for years on a prominent corner at the entrance of Eustis sold on Thursday for $1.6 million. The 9.29-acre property was bought by an LLC controlled by a local physician, who has plans to build a medical office development on the nearly nine acres along U.S....

  • Veterinarians buy building on Kissimmee Tech Corridor for new animal hospital

    Veterinarians buy building on Kissimmee Tech Corridor for new animal hospital

    A pair of Orlando veterinarians have purchased a 15,000-square-foot Class B office building on Kissimmee's E192 tech corridor and plan to open a new clinic there. SGB Properties LLC, which is composed of DVMs Anuradha Nallapaneni and Yugendar R. Bommineni, paid $900,000 in late October for the...

  • Digital marketing company buys vacant Downtown Orlando office bldg, plans reno

    Digital marketing company buys vacant Downtown Orlando office bldg, plans reno

    The co-founders of local digital marketing company Net Conversion recently paid $1.55 million to buy a vacant office building in Downtown Orlando, which they'll fully renovate in the coming months to relocate the growing firm. Located at 141 N. Magnolia Ave. on the corner with E. Jefferson Street,...

  • Orlando firms back 4 developer bids for free office land in Osceola research park

    Orlando firms back 4 developer bids for free office land in Osceola research park

    The opportunity to build the first Class A/B office building in Osceola County's Florida Tech Farm research park drew bids from four real estate development firms, including two from Florida. "I'm very happy," County Manager Don Fisher told GrowthSpotter on Tuesday afternoon, after sealed bids...

  • Orange County posts RFP for real estate representative services

    Orange County posts RFP for real estate representative services

    Orange County is seeking a real estate representative to help with its purchase, sale and leasing of land, office and warehouse space, publishing a Request for Proposals (RFP) on Thursday.  This real estate representative service provider role has been filled by CBRE, Inc. since 2011, on a contract...

  • Atlanta developer to add office building & clubhouse to Lake Mary’s Primera park

    Atlanta developer to add office building & clubhouse to Lake Mary’s Primera park

    TPA Group, known for award-winning office complexes in Atlanta and elsewhere, has new plans for land it purchased in September in Lake Mary’s Primera office park. Dubbed Edison at Primera, the developer plans to build a two-story, 111,380-square-foot office building on Primera Boulevard between...

  • Local CRE fund has vacant Downtown Orlando office building under contract

    Local CRE fund has vacant Downtown Orlando office building under contract

    A local commercial real estate fund has a 34-year-old vacant office building in Downtown Orlando under contract, with plans to close in December, fill it with tenants and explore vertical redevelopment over the next decade, its CEO told GrowthSpotter.  Located at 320 E. South St., the 1.82-acre...

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  • Majors Investments buys MetroWest office bldg, nears finish in Ivanhoe Village

    Majors Investments buys MetroWest office bldg, nears finish in Ivanhoe Village

    Orlando-based Majors Investments paid $2.3 million on Oct. 26 through an affiliate to buy a local media group's office building in MetroWest, where it plans to house the staff of its Medical Villages division and find tenants for the half-empty building.   Located at 1500 Park Center Dr., between...

  • ChampionsGate office building sells for $7.3M to Tampa family turning a 1031

    ChampionsGate office building sells for $7.3M to Tampa family turning a 1031

    A Tampa family investment group paid $7.275 million on Oct. 31 to buy a three-story, Class A office building in ChampionsGate. John Navratil told GrowthSpotter his family began investing in real estate in 2000 when they bought the first of several mobile home parks. Earlier this year, an investor...

  • Modular construction developer proves concept in NYC, eyes Florida for growth

    Modular construction developer proves concept in NYC, eyes Florida for growth

    A 33-story prefabricated steel building recently completed in Brooklyn, N.Y., could become the model for future high-rise construction around the world, and in the Greater Orlando area. The tower at 461 Dean St. in Brooklyn is made almost entirely of rectangular modules, produced in a factory and...

  • St. Cloud OKs land sale for downtown parking garage and mixed-use tower

    St. Cloud OKs land sale for downtown parking garage and mixed-use tower

    The St. Cloud City Council voted Thursday night to sell a vacant lot near City Hall to ADMC Design, in exchange for the firm's promise to build a 10-15 story mixed-use tower with an attached parking garage.  The international construction company, founded by Albanian-born Albert Leka, has invested...

  • Owner of vacant Downtown Orlando office building preps renovation plan

    Owner of vacant Downtown Orlando office building preps renovation plan

    Flint, Mich.-based developer West Second Street Associates is preparing designs for a complete renovation of the former AT&T office building in Downtown Orlando, and will seek retail and office tenants for pre-lease in the coming months, the company's director of acquisitions told GrowthSpotter. ...

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  • Majors Investments sells Maitland medical facility to Milwaukee REIT for $23.2M

    Majors Investments sells Maitland medical facility to Milwaukee REIT for $23.2M

    Orlando-based Majors Investments has sold three medical office complexes to a Milwaukee real estate investment trust, in a relationship that will likely result in more sales. Most recently, Majors sold six Class-A buildings in Medical Village Maitland (a condominium) for $23.2 million, according...

  • CompuTech City seeks solar contractor for new Longwood HQ

    CompuTech City seeks solar contractor for new Longwood HQ

    CompuTech City is about to expand its empire, but it wants to reduce its footprint. The Lake Mary-based company will be breaking ground on a new Longwood office building in October, as Growthspotter reported on July 28 – and in its plans for both function and form, says founding partner Darshan...

  • Equity Partners plans construction of 6th office building in UCF research park area

    Equity Partners plans construction of 6th office building in UCF research park area

    With the completion in September of its Challenger One building, Orlando-based Equity Partners Inc. will have five office buildings either in or adjacent to the Central Florida Research Park.  But the firm isn’t through. Construction of a 29,320-square-foot, one-story building in the research park’s...

  • Chilean investors buy Altamonte office towers w/10% occupancy, plan turnaround

    Chilean investors buy Altamonte office towers w/10% occupancy, plan turnaround

    A Chilean hotel company has signaled plans to diversify by purchasing the Executive Point Towers in Altamonte Springs for $3.16 million, with an extensive rebranding plan for the office properties now at 10 percent occupancy. RIST Properties LLC, which owns four motels in Florida, recently purchased...

  • Dewberry: Judge Farms construction to start within a month

    Dewberry: Judge Farms construction to start within a month

    Dewberry is about 30 days out from getting a permit to start building the 130-acre lake that will be the centerpiece of a new high-tech research park at Judge Farms. "Once we get the permit, we will immediately start construction," Vice President Kevin Knudsen told GrowthSpotter. The man-made lake...

  • Smaller version of Avalon Park development planned for Tavares

    Smaller version of Avalon Park development planned for Tavares

    Avalon Park Group has filed plans in Tavares to build a smaller version of its Avalon Park community on the shores of Lake Hermosa, bringing a potential 1,000-plus homes and mixed-use community just outside Eustis.  “We believe that we can repeat our success we had in Avalon Park in Orlando in...

  • Orlando physician invests in Kissimmee's E192 tech corridor

    Orlando physician invests in Kissimmee's E192 tech corridor

    An Orlando gastroenterologist has purchased a prime commercial lot on E192 right in front of the new Florida Advanced Manufacturing Research Center. Muhammed Mohiuddin, who has a practice in St. Cloud, paid $1.2 million through an LLC affiliate in late July for the 3-acre lot. His practice is Gastro...

  • New high-speed color printers are winning converts in building professions

    New high-speed color printers are winning converts in building professions

    Larry Coughlin, account manager at the Longwood-based AXSA Imaging Solutions, remembers a time when construction plans were what many today would consider arty – more suitable for framing to set a vibe in the room than something actionable. “Blue paper with white lines,” he said in a recent interview....

  • Canadian developer files Regulating Plan for 1,000+ acres in SE Orange County

    Canadian developer files Regulating Plan for 1,000+ acres in SE Orange County

    Ontario-based developer DG Group has revived dormant plans for 1,033 acres in Southeast Orange County known as Camino Reale, filing a detailed rezoning proposal on Monday that proposes another mixed-use community directly west of what will be Tavistock's Sunbridge development.  The key challenge...

  • My Florida Regional MLS to seek reno contractors for recently bought HQ

    My Florida Regional MLS to seek reno contractors for recently bought HQ

    My Florida Regional MLS, Florida’s largest multiple listing service organization, will seek contractors in the coming months to help plan renovations to its recently purchased new building in Altamonte Springs.  The organization paid $4.5 million on July 5 for the former headquarters of the Institute...

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  • CompuTech City to break ground on new Longwood HQ in October

    CompuTech City to break ground on new Longwood HQ in October

    Following its $250,000 purchase of two wooded acres on Rangeline Road on May 24, CompuTech City, currently headquartered in Lake Mary, is looking to break ground on a brand-new Longwood home for its growing company by October, founding partner Darshan Patel told GrowthSpotter. “We are constantly...

  • Ohio developer may get green light on Lake Mary 'Allure' project

    Ohio developer may get green light on Lake Mary 'Allure' project

    Plans to build a large mixed-use development in Lake Mary appear to be back on track, after Seminole County planners have concluded the project would fit the character of the surrounding development. First reported by GrowthSpotter on Feb. 21, Cincinnati-based Capital Investment Group met that...

  • Tabernaculo de Vida Church buys new home in Orlando, seeks help w/reno work

    Tabernaculo de Vida Church buys new home in Orlando, seeks help w/reno work

    The Tabernaculo de Vida Orlando Church paid $660,000 on July 15 for a home it can call its own, a 48-year-old former office and industrial building in Southeast Orlando. The help of a civil engineer and contractors would be welcomed to aid interior renovation work, the church's pastor told GrowthSpotter. ...

  • Developer plans apts, office & hotel on 25 acres near Oviedo Medical Center

    Developer plans apts, office & hotel on 25 acres near Oviedo Medical Center

    A Philadelphia developer with a track record in Maitland and Lake Nona plans to transform 25 acres near Oviedo's soon-to-open hospital into a bustling mixed-use development of apartments, offices and a hotel. The Klein Co. wants to build 296 apartments, 100,000 square feet of Class A office space...

  • Adventist Health planning major expansion at Altamonte Springs corporate campus

    Adventist Health planning major expansion at Altamonte Springs corporate campus

    Adventist Health System (AHS), parent company of Florida Hospitals, is prepping for a major expansion of its corporate campus in Altamonte Springs. The nonprofit company filed plans last week with the city and the St. Johns River Water Management District for a new office building and parking deck...

  • Four Corners developer looking for investors in shovel-ready project

    Four Corners developer looking for investors in shovel-ready project

    A Polk County developer is looking to sell her shares in a shovel-ready vacation home project as she preps the adjacent property for office and retail development. Longtime Davenport realtor Lucia Camara has an approved site plan for Villa Domani, a 62-unit boutique vacation home community at the...

  • Belgium's imec to lead Osceola sensor research center, drive Tech Farm growth

    Belgium's imec to lead Osceola sensor research center, drive Tech Farm growth

    Osceola County officials have confirmed that Belgian tech firm imec has signed on to lead the county's nanoelectronics design center - an announcement that could vault the county's new Florida Tech Farm into an economic development engine for Central Florida. "Because imec has international credibility established...

  • Global warming, coastline concerns push Boca investor to spend $17M in Celebration

    Global warming, coastline concerns push Boca investor to spend $17M in Celebration

    South Florida developer and real estate investor Jeffrey Weiss is the new owner of a 106,200-square-foot office building in Celebration that is home to Disney Vacation Club offices. Weiss' affiliate company Celebration Advance paid $17.2 million for the 9-acre parcel on Celebration Boulevard just...

  • Winter Garden hospital & new homes prompt two flex-office properties to grow

    Winter Garden hospital & new homes prompt two flex-office properties to grow

    Responding to rapid residential growth and the newly-opened Florida Hospital Winter Garden, developers of two neighboring flex-office properties are pushing expansion plans on the southeast corner of Winter Garden Vineland Road and the Florida Turnpike.  David Colburn, manager of Winter Garden...

  • Tupperware sells two parcels, close to inking deal for hotel site

    Tupperware sells two parcels, close to inking deal for hotel site

    Tupperware Brands has closed on two property sales in recent weeks and is about a month away from closing a deal to bring a 120-room Hampton Inn to the Crosslands in Kissimmee. Tom Roelk, vice president of Tupperware Brands, told GrowthSpotter the company sold an outparcel at the Orange Blossom...

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  • DeLand-based doctor seeks to redevelop SoDo Orlando property as mixed use

    DeLand-based doctor seeks to redevelop SoDo Orlando property as mixed use

    A DeLand-based medical doctor who wants to relocate his practice to Downtown Orlando hopes to rezone 1.06 acres on S. Orange Avenue and build a new mixed-use office/retail building, with design and construction estimates to be sought in the latter half of this year.  "I want to be where the action...

  • Developer sells Kissimmee Medical Village for quick profit

    Developer sells Kissimmee Medical Village for quick profit

    In less than a year, Majors Investments has turned a nearly $1.4 million profit in the sale of its Kissimmee Medical Village at 1975 S. John Young Parkway. The Orlando-based developer specializes in converting distressed properties into Class A medical office space. Founder Tim Majors bought the...

  • Crescent's New Century mixed-use pitches 'live-play' for Lake Mary office segment

    Crescent's New Century mixed-use pitches 'live-play' for Lake Mary office segment

    Crescent Communities' mixed-use plans for 153 acres in Lake Mary could be the city's first live-work-play development fronting the east side of Interstate 4, coupling a Millenial housing option with Class A office in a way Lake Mary's commercial wave has missed up until now.   The New Century Town...

  • Women's Care Florida building office in Lake Nona

    Women's Care Florida building office in Lake Nona

    Women’s Care Florida will be breaking ground this month in Lake Nona, becoming the latest medical services provider to located in the burgeoning area. The female medical care company will build a 6,200-square-foot women’s care center with associated parking along the south side of Lake Nona Village...

  • Diocese of Orlando plans another land sale along Sanford's S.R. 46

    Diocese of Orlando plans another land sale along Sanford's S.R. 46

    The Diocese of Orlando plans to sell half of its 60-acre parcel in Sanford along S.R. 46 for residential and commercial development, and keep the other half to continue operating the All Souls Catholic Church there and add an elementary school. The diocese, which has owned the land since 2001,...

  • Longwood throwing open welcome mat to developers by lowering fees

    Longwood throwing open welcome mat to developers by lowering fees

    Longwood, a Central Florida city that has largely missed the area’s building boom, is planning to offer developers steep concessions in effort to kickstart growth. The city, after bringing in a national economic consulting firm, has identified 14 areas it feels are primed for development, and nothing...

  • Country may see growth slowing, but Central Florida not participating

    Country may see growth slowing, but Central Florida not participating

    While economic data show signs the rest of the country is slowing, it also clearly indicates that Greater Orlando continues to thrive. Local developers agree with the assessment, but also feel they have to plan and build smarter to keep the area robust. That was a key takeaway from the University...

  • Longwood takes initiative to list available local real estate on city website

    Longwood takes initiative to list available local real estate on city website

    The City of Longwood is on a development bent and has devised a relatively novel way of bringing business into its community: by posting extensive descriptions of available properties on its website. The city pulls properties in Longwood from real estate sales and leasing sites like LoopNet, as...

  • Battaglia Group plans new retail-office building in Downtown Winter Park

    Battaglia Group plans new retail-office building in Downtown Winter Park

    Local property developer and manager Battaglia Group is planning a new three-story Class A office and retail building less than a block off S. Park Avenue, on one of the last undeveloped parcels in Downtown Winter Park. Located at 158 E. New England Ave., the 0.61-acre parcel is currently a city-managed...

  • I-4 rebuilding shaking up Greater Orlando's office market

    I-4 rebuilding shaking up Greater Orlando's office market

    The rebuilding of Interstate 4 for the next six years threatens to create a sea change in Orlando's office market, one that could alter future development, expansion and communities. Driving on I-4, onerous before construction began in February 2015, has become impossible at times for daily commuters....

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  • Winter Garden's Dillard Street revamp to prompt millions in redevelopment

    Winter Garden's Dillard Street revamp to prompt millions in redevelopment

    Winter Garden is redoing one of its main arteries and entryways into the city, Dillard Street, a project that will cost the city close to $10 million and lead to hundreds of millions of dollars in estimated private development over the next two decades. The one-mile stretch of Dillard will be completely...

  • 'Escape Artists' attraction planned for Downtown Sanford

    'Escape Artists' attraction planned for Downtown Sanford

    A couple of Longwood entrepreneurs plan to take an attraction that has been popping up in the last couple of years in Orlando’s tourist corridor, and introducing it to more sedate Sanford. Brian Bechtel and Nancy Philips plan Escape Artists for the city’s historic commercial district, which they...

  • Middle East PE group buys Universal Blvd office bldg, plans more in tourism corridor

    Middle East PE group buys Universal Blvd office bldg, plans more in tourism corridor

    A private equity firm with roots in the Middle East paid $15.38 million on March 30 for an office building on Universal Boulevard, and will continue fulfilling a PE portfolio focused on Central Florida this year while preparing statewide investment plans for 2017, a principal with the group told...

  • Atlanta investor buys first Orlando medical office building, looking for more

    Atlanta investor buys first Orlando medical office building, looking for more

    Atlanta-based commercial property investor and manager Bauman & Company paid $10.68 million on Wednesday to enter the Orlando market, buying a three-story medical office building in South Orlando that's home to Nemours Children's Clinic.  Located at 1717 S. Orange Ave., the 32-year-old medical...

  • New co-working space startup seeks CRE broker, investors for FL expansion plans

    New co-working space startup seeks CRE broker, investors for FL expansion plans

    A trio of Brazilian businessmen opening their first co-working space in Downtown Orlando are already thinking expansion, seeking an office real estate broker who can research Tampa, Miami and Fort Lauderdale, and investors to back the new locations.  Located at 14 E. Washington St., Sbrubbles will...

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  • Thorough redesign pitched for 61-year-old retail/office building on N. Magnolia

    Thorough redesign pitched for 61-year-old retail/office building on N. Magnolia

    The owner of one of Downtown Orlando's oldest retail/office buildings on N. Magnolia Avenue is seeking city permission to thoroughly renovate the property's frontage, proposing second-floor balconies and new floor-to-ceiling windows to feature ground-floor tenants.  Built in 1954, the two-story...

  • 28 acres in Lake Mary owned by famed group may be close to development, or sale

    28 acres in Lake Mary owned by famed group may be close to development, or sale

    The Rockefeller property, roughly 28 acres on International Parkway near the Lake Mary-Sanford border, may soon be built on by its owner or a buyer, bringing an end to a nearly 10-year construction impasse. "We would develop the site if a big build-to-suit tenant came in," Tyler Jones, development...

  • ViaAir Group pays $1M for Maitland office, ownership plans major renovations

    ViaAir Group pays $1M for Maitland office, ownership plans major renovations

    An affiliate of Maitland-based ViaAir LLC paid $1 million on Feb. 9 to buy the two-story, 12,237-square-foot office building at 111 S. Maitland Ave., which neighbors the Asbury United Methodist Church of Maitland.  The 42-year-old property will now be the focus of extensive renovations and serve...

  • Developer in 'Heaven' over retail project, but muck a major issue

    Developer in 'Heaven' over retail project, but muck a major issue

    A longtime developer is betting that his planned “Heaven Plaza 4” retail center will replicate the success he has seen at three other flex-office developments that carry the Heaven name. But the parcel, based at the intersection of Sand Lake Road and Presidents Drive, will take considerable work...

  • GDC Properties spends $1.37M for downtown office property

    GDC Properties spends $1.37M for downtown office property

    New York-based developer and property manager GDC Properties paid $1.37 million on Friday to buy a 92-year-old office building on S. Magnolia Avenue, where it has a new lease tenant lined up but could relocate its own local office in the future.  Located at 500 S. Magnolia, directly across the...

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  • Miami investor pays $3.35M for Maitland office & retail property, seeks more

    Miami investor pays $3.35M for Maitland office & retail property, seeks more

    Miami-based real estate professional Shlomo Friedman paid $3.35 million on Dec. 9 to make his first office/retail property investment in Greater Orlando, and is actively seeking more with strong demographic support in the area, the investor told GrowthSpotter on Friday. Located at 400 S. Orlando...

  • New crowdfunding platform features sale of Downtown Orlando office building

    New crowdfunding platform features sale of Downtown Orlando office building

    Under contract for a six-story, 82,892-square-foot office/retail building in the heart of Downtown Orlando, New Jersey-based real estate manager Denholtz Associates is using real estate crowdfunding platform CrowdStreet.com to raise more than $2 million from individual accredited investors, who...

  • Orlando area office space leasing shows progress

    Orlando area office space leasing shows progress

    Demand for office space in the Orlando area is finally picking up, as a dearth of new building and the I-4 Ultimate project are helping to create demand, a new report says. The report is the product of a firm with a vested interest in the success of office properties because it brokers leases for...

  • Tattoo parlor chain owner pays $2.2M for Kirkman Plaza, seeks broker to market

    Tattoo parlor chain owner pays $2.2M for Kirkman Plaza, seeks broker to market

    The owner of 15 tattoo parlors in Central Florida paid $2.225 million for the Kirkman Plaza retail and office building in Metrowest on Nov. 20, and now seeks a commercial real estate broker to market and lease the property that's three quarters vacant.  Located at 485 S. Kirkman Road, just south...

  • Insurer CNA may take all of 500 TownPark in Lake Mary

    Insurer CNA may take all of 500 TownPark in Lake Mary

    Continental Casualty Co., or CNA, one of the country's biggest insurers, may opt to take all four floors of the building that will soon begin construction at 500 Colonial Center Parkway in Lake Mary. The company right now has committed to floors two through four, or 108,000 square feet of the planned...

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  • Winter Garden building revamped as medical village in 5 months, sells for $5.4M

    Winter Garden building revamped as medical village in 5 months, sells for $5.4M

    Orlando-based Majors Investments bought a vacant commercial building in Winter Garden in May for $2.2 million, pumped another $2 million into its redevelopment as a multi-tenant medical village in recent months, sold it for $5.4 million on Nov. 5 and is now seeking similar distressed assets to...

  • Piedmont REIT pays $170.8M for 35-story SunTrust Center Tower

    Piedmont REIT pays $170.8M for 35-story SunTrust Center Tower

    An affiliate of Georgia-based Piedmont Office Realty Trust paid $170.8 million on Wednesday for the 35-story SunTrust Center tower in downtown Orlando, a premium of roughly $39 million from what seller The Brookdale Group paid for the building back in March 2012.  Located at 200 S. Orange Ave....

  • Darden Corp. sells Orlando HQ for $133M to U.S. Realty Advisors

    Darden Corp. sells Orlando HQ for $133M to U.S. Realty Advisors

    Orlando-based Darden Corporation sold its corporate headquarters on Oct. 26 for $133.25 million to an affiliate of U.S. Realty Advisors out of New York City, a leading single-tenant real estate investment and asset management firm. "We have a very long-term lease now with (Darden) on the property,"...

  • Osceola government weighs leaving downtown Kissimmee

    Osceola government weighs leaving downtown Kissimmee

    Osceola County Manager Don Fisher said he expects to make a recommendation in December to commissioners on whether to keep the county administration offices in downtown Kissimmee or move to the county center on East Irlo Bronson Memorial Highway. The demands of the court system are driving the...

  • 2 big developments planned near Oviedo Medical Center

    2 big developments planned near Oviedo Medical Center

    Oviedo is on the cusp of significant development, as builders piggyback off the under-construction Oviedo Medical Center and also plan to add to the area's lodging. Two proposed developments across the street from each other on Oviedo Mall Boulevard, between SR 426 and SR 417, are heavy with medical...

  • Fertility doctors spend $2.1M on Winter Park parcel, will invest $6M in clinic

    Fertility doctors spend $2.1M on Winter Park parcel, will invest $6M in clinic

    Orlando fertility clinic the Center for Reproductive Medicine paid $2.1 million on Tuesday for a 1.36-acre undeveloped parcel in Winter Park, with the group set to break ground in the coming months on a new clinic and surgery center that will be double the size of its current location, Dr. Randall...

  • Rollins spends $2.65M on Troutman Law building, may spend another $20M on land

    Rollins spends $2.65M on Troutman Law building, may spend another $20M on land

    Rollins College plans to move its Hamilton Holt School's evening and weekend program to a newly acquired two-story office building on W. Fairbanks Avenue, and may spend another $20 million to buy two more parcels before ending its commercial property investments, vice president for business finance...

  • Seminole County reviewing location and worth of its buildings

    Seminole County reviewing location and worth of its buildings

    Seminole County has begun a sweeping look at how it uses its buildings, including three choice properties at or near Lake Monroe in Sanford, with the goal of seeing if certain properties are necessary and whether it should consolidate. The five county commissioners have asked facilities staff to...

  • Colorado investor buys office complex near OIA for $11.7M, seeks more

    Colorado investor buys office complex near OIA for $11.7M, seeks more

    Real Capital Solutions, Inc., a Colorado-based investor of distressed assets, spent $11.69 million on Sept. 25 to enter the Orlando market with an office complex purchase near the international airport, and is actively pursuing more local investments, the company's vice president of acquisitions...

  • Former Costco turned tech center sells for $8.5 million

    Former Costco turned tech center sells for $8.5 million

    A building that started out as a Costco Wholesale 30 years ago, and has been sold numerous times since, has now been bought by a Houston investor for $8.5 million, with the property's technology bent apparently serving as a lure. The Eatonville property, known as Orlando Telecom Center, at 440...

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  • CVS looking at Orlando for new call center

    CVS looking at Orlando for new call center

    CVS Caremark is looking into establishing a call center in south Orlando, with SouthPark Center a contender for the site. The pharmacy giant is seeking roughly 100,000 square feet and has had serious discussions about the three-story building housed at 9310 SouthPark, according to people familiar...

  • Kissimmee Medical Village to open in 2016

    Kissimmee Medical Village to open in 2016

    Real estate investor and developer Tim Majors told GrowthSpotter he has already pre-leased his new Kissimmee Medical Village office building just two weeks after closing on the purchase.  Majors, under the name Noosa Investments, bought the bank-owned building at 1975 S. John Young Pkwy. for $935,000...

  • Giant Ocoee development seeks construction bids

    Giant Ocoee development seeks construction bids

    Bids are being solicited to build the first phase of City Center West Orange, a $150-million mixed-use development with nearly half a million square feet of space planned for 60 acres of lakefront land facing West Colonial Drive near the junctions of  S.R. 429, S.R. 408 and the Florida Turnpike....

  • Concert & event technology company will expand warehouse/office space

    Concert & event technology company will expand warehouse/office space

    The company that helped set up Madonna's half-time show at the Super Bowl is growing its square footage by 50 percent and adding 20 employees as the event technology provider tries to accommodate demand for its services. LMG Systems Integration will add 50,000 square feet to the 108,000 it now...

  • GE office building goes for $10.4M

    GE office building goes for $10.4M

    A St. Louis-based investment fund has bought a 32-year-old office building in Longwood for $10.4 million, with the site’s sole tenant GE Capital Consumer Finance. The buyer, ElmTree Funds, has a track record of investing in commercial properties with quality tenants. The fund also has a sister...

  • Attorney & family buy Universal-area office buildings for $6M

    Attorney & family buy Universal-area office buildings for $6M

    Local real estate attorney William C. Voight II, his brother and father bought neighboring office buildings on Vineland Road just north of Universal Orlando for $6 million on July 31, and plan renovations to boost occupancy from its current 80 percent, managing partner Ralph Voight Jr. told GrowthSpotter. ...

  • Several announced office projects will compete to land company HQs

    Several announced office projects will compete to land company HQs

    Renewed demand in Greater Orlando for corporate headquarter space or large regional offices has prompted a half dozen new office developments to push forward with plans this year. Veteran brokers tell GrowthSpotter the vibrant economy and market cycle now support such aggressive HQ-level office...

  • Two new office towers at Millenia seek approval

    Two new office towers at Millenia seek approval

    Plans to build two 4-story office buildings in the Millenia area are on the way to the City of Orlando’s Municipal Planning Board this month. Named Millenia Lakes IV and V, the 12.8-acre parcel at 5450 Millenia Lakes Blvd. is slated for two buildings with 131,000 square feet each and a 1,046-space...

  • Lockheed Martin buys leased office building for $12.8M

    Lockheed Martin buys leased office building for $12.8M

    Lockheed Martin has acquired a 176,000-square-foot administration building located in its Orlando campus off of W. Sand Lake Road for $12.8 million, a building the company's Missiles and Fire Control division has leased since 1983. The purchase now gives Lockheed Martin control of its entire 2.2...

  • Former education building in west Orlando under contract for $7.95M

    Former education building in west Orlando under contract for $7.95M

    The 75,000-square-foot building that housed Sanford-Brown Institute in Orlando is under contract for about $7.95 million.  The property was put under contract by a South Florida charter school developer, said Shannon Gustafson, who is with KW Commercial, which represented the seller. Gustafson...

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