Office Real Estate Developments

  • Charter school financier buys Orlando office bldg for local STEM school's expansion

    Charter school financier buys Orlando office bldg for local STEM school's expansion

    A Washington, D.C.-based charter school financier paid $5.6 million last week for an office building in west Orlando, which it will hold for a neighboring charter school to buy in the coming years for its expansion. The buyer was an affiliate of Building Hope Foundation, a non-profit that develops...

  • Mix of modern townhomes, commercial condos planned at FL Turnpike in Ocoee

    Mix of modern townhomes, commercial condos planned at FL Turnpike in Ocoee

    A Brazilian contractor and real estate investor has a heavily trafficked site under contract in central Ocoee, with plans for a mixed-use, energy-efficient townhome and commercial condo development. Located at the southwest corner of Maguire Road and the Florida Turnpike, the 16.92-acre assemblage...

  • Adventist Health buys nearly 60 acres in Apopka near S.R. 429 interchange

    Adventist Health buys nearly 60 acres in Apopka near S.R. 429 interchange

    Adventist Health System, parent company of Florida Hospital, paid $2.35 million on Monday for more than 53 acres in western Apopka, land it appears ready to bank for future development -- potentially for storage warehouses. The company also bought part of an adjacent 6.39 acres on Jan. 5 for $450,000,...

  • Lockheed Martin plans new office building at Sand Lake Road campus

    Lockheed Martin plans new office building at Sand Lake Road campus

    Lockheed Martin is planning a new six-story office building at its Missile and Fire Control plant near Orlando's tourism corridor, driven by employment growth and buoyed by up to $3.5 million in public incentives that were approved last year. To be located at 5600 W. Sand Lake Road, the new office...

  • Ocoee settles on look for new City Hall, preps design-build bid criteria

    Ocoee settles on look for new City Hall, preps design-build bid criteria

    The city of Ocoee has settled on the design for a new City Hall building in its downtown, and is preparing criteria for the two-part application process for design-build contractors. City commissioners chose one of six design options in December to move forward with for the new City Hall planning...

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  • St. Cloud developer sells Narcoossee Road office bldg, focuses on adjacent land

    St. Cloud developer sells Narcoossee Road office bldg, focuses on adjacent land

    St. Cloud builder/developer Lazaro Rodriguez of SPC Homes has sold a two-story commercial building at the corner of Narcoossee and Rummell roads in St. Cloud to focus on developing the 11.5 acres next-door. Rodrguez had purchased the 13,700-square foot building in 2013 and moved his corporate offices...

  • Upshot Capital buys Lake Nona Village site for new urgent care center

    Upshot Capital buys Lake Nona Village site for new urgent care center

    An affiliate of Orlando-based real estate investment group Upshot Capital Advisors paid $1.05 million on Thursday for a Lake Nona site planned for a new Centra Care, to be the urgent care brand's first location in southeast Orange County.  Located at 9645-9637 Lake Nona Village Place, fronting...

  • Local developer buys Lake Mary office park with plans to double footprint

    Local developer buys Lake Mary office park with plans to double footprint

    Lake Mary-based real estate investment and development firm DIX Developments LLC recently paid $1.775 million for the Ciara Creek Executive Centre, with plans to double its size in the next year.  CEO James Dicks said he will spruce up the 1.63-acre office park and its four existing buildings on...

  • Cunningham leads Zyscovich Architects to new heights in Winter Park

    Cunningham leads Zyscovich Architects to new heights in Winter Park

    Veteran architect John Cunningham has placed his personal touch on some of downtown Winter Park's most notable buildings over a 22-year career, and is now driving the growth of Zyscovich Architects' local office with a bird's-eye view of it all.  The 25-year resident of Winter Park and Baldwin...

  • IAAPA files plans for new Orlando HQ office bldg, zoning issue unresolved

    IAAPA files plans for new Orlando HQ office bldg, zoning issue unresolved

    The International Association of Amusement Parks and Attractions (IAAPA) filed its Development Plan on Monday morning for a new headquarters office east of Orlando's tourism corridor, leaving space for a Phase 2 expansion.  Located in roughly the 4100 block of Taft Vineland Road, southwest of the...

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  • Brazilian developer plans flex warehouse on US 17-92 in Polk

    Brazilian developer plans flex warehouse on US 17-92 in Polk

    A Brazilian developer is planning to build 108,000 square feet of flex office/warehouse space on U.S. 17-92 in Polk County.   Haroldo de Barros purchased the 12-acre acre parcel five years ago under his U.S. affiliate Danpol Development. He wants to develop the business park in two phases, with...

  • New REIT focused on U.S. growth markets pays $40.2M for Maitland office bldg

    New REIT focused on U.S. growth markets pays $40.2M for Maitland office bldg

    A new U.S.-focused office REIT paid $40.225 million on Thursday for the Maitland Promenade II building, part of an 11-asset portfolio focused on key office growth markets across the country. Located at 495 N. Keller Road just west of the Maitland Center Office Park, the 9.14-acre parcel features...

  • Osceola terminates negotiations with Skanska USA for NeoCity office bldg

    Osceola terminates negotiations with Skanska USA for NeoCity office bldg

    Osceola County will turn to its second choice after failing to agree to contract terms with Skanska USA to build the first office building at NeoCity. Commissioners voted Monday to terminate negotiations with Skanska and begin discussions with the selection committee's second-ranked firm, Moss...

  • Osceola County seeking LOIs for real estate brokerage and leasing services

    Osceola County seeking LOIs for real estate brokerage and leasing services

    Osceola County is seeking Letters of Interest (LOI) for real estate brokerage and property management services on a county-wide continuing contract, according to an RFLOI issued on Sunday. Procurement Director Rebecca Jones said this contract would not entail the marketing or leasing of properties...

  • Hotel developer seeks Downtown Orlando office space for new co-working brand

    Hotel developer seeks Downtown Orlando office space for new co-working brand

    A Tennessee-based hotel developer making its Orlando market entry in 2018 also wants office space in Downtown Orlando to bring another national co-working chain to market.  Hiren Desai, CEO with 3H Group which has land under contract within the mixed-use "Grand National" project on the north end...

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  • Seminole State College seeks design-build contractor for new wellness center

    Seminole State College seeks design-build contractor for new wellness center

    Seminole State College of Florida is seeking a design-build contractor for a renewed effort to build a new Wellness Center on its Sanford/Lake Mary campus, according to a Request for Qualifications (RFQ) issued Tuesday. Applicants must be pre-qualified contractors with the college. The Wellness...

  • KPMG chooses general contractor to build its Lake Nona training center

    KPMG chooses general contractor to build its Lake Nona training center

    DPR Construction has been chosen by New York-based KPMG LLP to serve as general contractor on its 800,000-square-foot corporate training center in Lake Nona, construction market sources with knowledge of the agreement told GrowthSpotter.  **UPDATE** KPMG confirmed the selection of DPR on Sept....

  • Winter Park favors two bidders pitching new office bldg for W. Fairbanks lot

    Winter Park favors two bidders pitching new office bldg for W. Fairbanks lot

    Winter Park will negotiate with two bidders for a city-owned parcel along busy W. Fairbanks Avenue and south of Martin Luther King Jr. park that have each proposed to develop new office buildings, following a vote by commissioners on Monday. The city began marketing in June a 1.51-acre property...

  • KPMG files foundation permit apps on Lake Nona facility site, eyes October

    KPMG files foundation permit apps on Lake Nona facility site, eyes October

    New York-based KPMG LLP is moving toward foundation work in October on the 54.5-acre site in Lake Nona where it's planning an 800,000-square-foot corporate training center, after filing permit requests last week with a local regulatory agency.  Located at 9313 Lake Nona Blvd., the property was...

  • Ocala-based medical group expands with $2.2M Orlando office purchase

    Ocala-based medical group expands with $2.2M Orlando office purchase

    Physician Partners, a rapidly expanding independent physicians group based in Ocala, paid $2.2 million earlier this week for its first office property investment in Greater Orlando, and is seeking more in the area.  The group bought the 12,846-square-foot Waterford Lakes Suites building at 11317...

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  • Developer plans new office & retail bldg in Avalon Park Town Center

    Developer plans new office & retail bldg in Avalon Park Town Center

    Avalon Park Group is preparing to build out another section of its Avalon Park Town Center, filing plans on Monday with Orange County to build a four-story, 38,500-square-foot office and retail building. Located on the northeast corner of Avalon Park East Boulevard and Avalon Lake Drive, the 1.35-acre...

  • Local surgeons group leads six bids made for Winter Park's 1.5-acre Fairbanks lot

    Local surgeons group leads six bids made for Winter Park's 1.5-acre Fairbanks lot

    Winter Park commissioners should decide on Monday which of six purchase and development offers to accept for a city-owned parcel along busy W. Fairbanks Avenue, with a local surgeons office pitching the highest bid and plans for a mixed-use office building.  The city began marketing in June the...

  • Orthodonitist buys land near Lake Nona High for multi-tenant medical office

    Orthodonitist buys land near Lake Nona High for multi-tenant medical office

    Local orthodontist Dr. David Lach paid $1 million on Friday for a 1.35-acre parcel across from Lake Nona High School, with plans for a multi-tenant medical office building to be anchored by his practice, and more medical office or retail to follow on adjacent land.  The seller was Lake Nona Holdings...

  • Osceola hires Perkins+Will to design NeoCity entrance and streetscape

    Osceola hires Perkins+Will to design NeoCity entrance and streetscape

    Osceola County Commissioners were so impressed with the design sketches from Perkins+Will in the NeoCity master plan they've hired the firm to design main entrances and streetscape for the tech campus. The Austin-based firm presented the Master Plan (MP) for the 500-acre tech campus, including...

  • New Goddard School, pediatrics office & event venue planned for Lake Nona

    New Goddard School, pediatrics office & event venue planned for Lake Nona

    New development plans in Lake Nona are under review by the city of Orlando for a nationally-branded pre-K childcare center, a private events venue and medical office buildings to focus on pediatric services.  Tavistock Development Company filed a Specific Parcel Master Plan (SPMP) with the city...

  • Calif-based REIT pays $51.4M for three Class-A office bldgs in Maitland

    Calif-based REIT pays $51.4M for three Class-A office bldgs in Maitland

    Affiliates of California-based public REIT Gladstone Commercial Corp. paid $51.4 million on Monday for Highwoods Properties' Maitland Preserve  three Class-A office buildings in Maitland totaling 306,435 square feet, marking its market entry to Greater Orlando. Located at 2405, 2599 and 2600 Lucien...

  • Osceola staff picks SchenkelShultz to design first NeoCity office building

    Osceola staff picks SchenkelShultz to design first NeoCity office building

    SchenkelShultz leveraged its prior work and knowledge of the NeoCity project to earn the nod on Monday -- for a second time -- to design the first office building at the campus. The architecture firm had already spent four months in preliminary design work for the 100,000-square-foot building when...

  • Medical office and retail planned for Fruitland Park area of The Villages

    Medical office and retail planned for Fruitland Park area of The Villages

    A developer is in the early stages of seeking permits for an office and retail center at the doorstep of The Village’s newest neighborhood off C.R. 466-A in Fruitland Park. Located at the northwest corner of 466-A and Micro Race Track Road, the 10.38-acre property is owned by Degma Investments...

  • Tampa developer planning new office park in Kissimmee's Loop submarket

    Tampa developer planning new office park in Kissimmee's Loop submarket

    Tampa-based Waterford Construction & Development has begun permitting for one of its signature office parks on an 8.7-acre parcel in Kissimmee's Loop submarket. "We’ve done about 50 of these in Hillsborough, Pasco, Orange, Osceola and Seminole counties," Waterford President John Westfall said....

  • Local healthcare provider plans 2nd full-service center for uninsured, low-income

    Local healthcare provider plans 2nd full-service center for uninsured, low-income

    Orange Blossom Family Health is getting ready to construct its second full-service center for low-income and uninsured people on 2.57 acres in west Orlando, at the corner of Ivey Lane and Old Winter Garden Road. “We are planning the construction of a 12,000-square-foot comprehensive medical, dental,...

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  • Site work to start next week on Tremont Plaza tower, 4th office tenant signed

    Site work to start next week on Tremont Plaza tower, 4th office tenant signed

    Lincoln Property Company expects to begin tearing up gravel next week and testing pile depths on the site of its planned 28-story mixed-use Tremont Plaza tower in Downtown Orlando, and has a fourth office tenant now under contract, a lead executive with the company told GrowthSpotter.  "We're finally...

  • Tavistock plans new mixed-use district in Lake Nona, led by medical office project

    Tavistock plans new mixed-use district in Lake Nona, led by medical office project

    Tavistock Development Company is in early-stage planning for a new mixed-use district in Lake Nona that could cover about 270 acres east of Lake Nona Town Center, with a web of interconnected streets that would guide urban-style development, according to private concept plans obtained by GrowthSpotter. ...

  • New office bldg in Winter Park's CBD on hold after 'No' vote for shared parking

    New office bldg in Winter Park's CBD on hold after 'No' vote for shared parking

    Local developer and property manager Battaglia Group is putting plans on hold for a three-story Class A office and retail building in Downtown Winter Park, after city commissioners voted not to approve the project Monday night despite staff's endorsement of a Developer Agreement.  It means for...

  • IAAPA pays $3M for Darden land near tourism corridor for new HQ site

    IAAPA pays $3M for Darden land near tourism corridor for new HQ site

    The International Association of Amusement Parks and Attractions (IAAPA) paid $3 million on Friday for roughly 7 acres next to Darden Restaurants' corporate headquarters, where it plans to build a new headquarters office east of Orlando's tourism corridor.  Located in roughly the 4100 block of...

  • Grace Medical buys office bldg in Downtown Orlando, CPA firm to move

    Grace Medical buys office bldg in Downtown Orlando, CPA firm to move

    An affiliate of local non-profit Grace Medical Home paid $2.815 million on Thursday for a new standalone headquarters office east of Downtown Orlando, while departing owner and tenant WithumSmith+Brown is planning a move to new office space in the Central Business District.  Located at 1417 E....

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  • Kimley-Horn to grow local office w/move to Downtown Orlando tower

    Kimley-Horn to grow local office w/move to Downtown Orlando tower

    One of the area's top providers of engineering, environmental and planning services, Kimley-Horn and Associates, Inc., is choosing Downtown Orlando for its future expansion, signing a deal last week to move its local office to The Plaza Tower complex on S. Orange Avenue.  "This is a great way to...

  • Lincoln Property could draw $4.2M+ from city incentives for Tremont Plaza tower

    Lincoln Property could draw $4.2M+ from city incentives for Tremont Plaza tower

    An utter lack of Class A, large-block office space in Orlando's Central Business District has prompted city officials to help stimulate development, with plans to offer up to $4.225 million in future tax rebates to Lincoln Property Company for its planned 28-story Tremont Plaza mixed-use tower. ...

  • City Center West Orange developer buys more land west of Ocoee project

    City Center West Orange developer buys more land west of Ocoee project

    More land was added on Friday to what will be the western entry point of City Center West Orange in Ocoee, with an affiliate of developer Park Development Corp. paying $1.688 million for about 4.7 acres bisected by a new connector road that's nearly complete.  Located at 1100 Maguire Road, the...

  • Orlando-area medical offices sold as part of $2.75B Duke Realty - HTA deal

    Orlando-area medical offices sold as part of $2.75B Duke Realty - HTA deal

    A trio of medical office buildings across Orange and Osceola counties sold in recent days for a combined $94 million as part of Healthcare Trust of America's acquisition of the entire Duke Realty MOB portfolio. The Arizona-based, publicly-traded REIT announced the $2.75 billion deal in early May....

  • Self storage, fuel station & more start to line up for 65 acres on Turkey Lake Road

    Self storage, fuel station & more start to line up for 65 acres on Turkey Lake Road

    Developer Randall F. Greene has more than half of his affiliate's 65 acres on Turkey Lake Road in the tourist corridor under contract or close to it for lakefront apartments, a national self-storage operator and fuel station, with retail, hotel and medical office in play for the rest.  Located...

  • Casselberry construction firm plans HQ office for new mixed-use bldg

    Casselberry construction firm plans HQ office for new mixed-use bldg

    Local general contractor Axios Construction Services plans to demolish its current headquarters in Casselberry and build a new home for the company in a new multi-level, mixed-use development. Currently located at 2905 Lakeview Dr., company founders Rami and Rida Sadrack have laid the groundwork...

  • Winter Garden seeks CRE developer for downtown district land sale

    Winter Garden seeks CRE developer for downtown district land sale

    The city of Winter Garden is seeking a real estate developer to buy and redevelop 0.19 acres in its downtown business district as multi-story commercial or mixed use, according to a Request for Proposals (RFP) issued on Tuesday. Located at 270 W. Plant St. in the historic downtown area directly...

  • Osceola ranks architecture & construction firms for NeoCity office bldg

    Osceola ranks architecture & construction firms for NeoCity office bldg

    SchenkelShultz and Skanska USA lead the shortlist for architect and construction manager at risk in the bidding to determine who will build the first office building in Osceola County's NeoCity research park.   The same two firms were part of the winning team last December when the county was seeking...

  • Food halls latest trend in mixed-use developments, experts say

    Food halls latest trend in mixed-use developments, experts say

    As developers of high-end mixed-use buildings look for ways to offer unique dining options to their residents, many are now turning to food halls as a key element in their retail mix. "As we right-size retail now, chef-driven food halls work because people want to live locally," Bayer Properties...

  • TriGate Capital & Tower Realty Partners pay $31.2M for 4th Maitland office bldg

    TriGate Capital & Tower Realty Partners pay $31.2M for 4th Maitland office bldg

    Orlando-based Tower Realty Partners, Inc., and Dallas-based TriGate Capital paid $31.25 million on Friday for their fourth office building in Maitland Center.  Located at 2301 Lucien Way, the Maitland Colonnades building features more than 260,000 square feet of leasable area over four stories....

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  • Intram buys rare undeveloped site along Sand Lake Road in Dr. Phillips

    Intram buys rare undeveloped site along Sand Lake Road in Dr. Phillips

    Orlando-based developer Intram Investments paid $2.3 million on June 3 for the last piece of undeveloped commercial land in Dr. Phillips fronting W. Sand Lake Road, an asset it plans to sit on for the foreseeable future. Located at 7212 W. Sand Lake Road, the 4.68-acre site (3.94 acres upland)...

  • RCS pays $22M for two Maitland office bldgs, buyer & seller want more locally

    RCS pays $22M for two Maitland office bldgs, buyer & seller want more locally

    Colorado-based investment management company Real Capital Solutions paid $22.29 million on Friday through an affiliate for two Class B office buildings in Maitland Center totaling 371,458 square feet, and wants to buy up to 1 million more square feet locally this year, the company's vice president...

  • Picerne plans for 108-acre project near Lake Nona, new apts in East Orlando

    Picerne plans for 108-acre project near Lake Nona, new apts in East Orlando

    Altamonte Springs-based Picerne Development Corp. will seek a construction lender in the fourth quarter for its next multifamily project in East Orlando, and is lining up mixed-use plans for 108 acres under contract near Lake Nona, a lead executive with the company told GrowthSpotter.  Picerne...

  • Second round of bids pour in for Osceola's NeoCity office building

    Second round of bids pour in for Osceola's NeoCity office building

    Osceola County will have its choice of nine local and national architecture firms to design the first office building at the NeoCity office park. SchenkelShultz architects were a part of the winning bid last December when the county was pursing a design-build contract with Skanska USA. The county...

  • Annexation considered for SoDo land next to Intram & Blurock's Southside Shoppes

    Annexation considered for SoDo land next to Intram & Blurock's Southside Shoppes

    A veteran real estate developer and builder is considering annexing his property into the city next to Blurock Commercial and Intram Investments' mixed-use Southside Shoppes project in south Downtown Orlando, drawn by collateral growth potential and the benefit of city utilities.  Frank Anderson...

  • Orlando Health preps demolition for building on Lucerne Annex site in SoDo

    Orlando Health preps demolition for building on Lucerne Annex site in SoDo

    Orlando Health is in the midst of renovating and repurposing a 36-year-old building on its Lucerne Pavilion Annex property for staff support and human resources, and plans to tear down a smaller neighboring building that is now obselete.  Located at 55 W. Gore St. south of Downtown Orlando, directly...

  • Tampa medical chain buys two I-4-facing office bldgs to enter Orlando market

    Tampa medical chain buys two I-4-facing office bldgs to enter Orlando market

    A Tampa-based medical chain is expanding into Orlando with the recent purchase of two buildings that front Interstate 4 near Rio Grande Avenue. Physician Partners of America (PPOA), which operates 33 pain clinics, ambulatory surgery centers and other medical facilities in Florida and Texas, paid...

  • Nunziatas sell Walgreens-leased 1st floor of Downtown Orlando bldg for $6.18M

    Nunziatas sell Walgreens-leased 1st floor of Downtown Orlando bldg for $6.18M

    The brothers and co-CEOs of FBC Mortgage drew nearly $6.18 million last week from an investor for the Walgreens-leased first floor of Downtown Orlando's historic First National Bank building, 1.3 times what they paid for the entire property in 2014.  Located at 190 S. Orange Ave. on the northwest...

  • D.R. Horton planning new South region HQ building near Lake Nona

    D.R. Horton planning new South region HQ building near Lake Nona

    D.R. Horton, the nation's largest homebuilder, is prepping to move its South Regional headquarter operations to East Park, a Horton-planned community just east of Lake Nona proper. Horton forward planning manager Chris Wrenn filed a Master Plan last week with the City of Orlando for a nearly 50,000-square-foot...

  • Bridge Investment Group buys Class A/B office buildings on Celebration Blvd

    Bridge Investment Group buys Class A/B office buildings on Celebration Blvd

    Affiliates of Salt Lake City-based Bridge Investment Group paid $30.25 million this week for four office buildings -- including Disney corporate offices -- on Celebration Boulevard. Celebration Office Center comprises a pair of two-story buildings, each totaling 83,000 square feet, and sits on...

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