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  • Local construction crane supplier buys Orlando warehouse property to expand

    Local construction crane supplier buys Orlando warehouse property to expand

    One of Greater Orlando's leading parts suppliers for construction cranes paid $1.425 million on Friday to expand locally, buying its own warehouse with direct rail access.  Located at 3001 Hansrob Road, the one-acre property lies in northwest Orlando off of Silver Star Road, with a 15,251-square-foot...

  • Local CRE investment family buys office bldg on prominent Winter Park corner

    Local CRE investment family buys office bldg on prominent Winter Park corner

    A veteran local real estate investor and her family paid $3.23 million on June 28 for a vacant office building in Winter Park, the latest in a year-long assemblage of more than half a block at one of the city's notable intersections. Located at 1133 W. Morse Blvd., the former SESCO Lighting headquarters...

  • Kissimmee investor pays $1M for medical office building near hospital

    Kissimmee investor pays $1M for medical office building near hospital

    Kissimmee real estate investor Dharmesh Patel came out on top in a recent bidding war for a fully renovated and leased medical building about a block north of Osceola Regional Medical Center. Patel's Harsh Investment LLC paid just over $1 million on June 15 for the 5,256-square-foot building at...

  • Local doctors bring Windermere land under contract for medical office complex

    Local doctors bring Windermere land under contract for medical office complex

    A pair of local medical doctors hold nearly five acres under contract in the Summerport Village district of Windermere, with plans for a multi-purpose medical office complex meant to capitalize on rapid residential growth in west Orange County. Located on the northern side of the intersection of...

  • NAREE18: Technology, design and service transforming office sector

    NAREE18: Technology, design and service transforming office sector

    In the ever-competitive office sector, landlords and developers are turning to new tech advances, luxury amenities and hotel-quality service levels to compete for tenants, according to industry leaders at the National Association of Real Estate Editors Spring Conference in Las Vegas. "There is...

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  • TerraCap sells Class A office building in Maitland for $28M

    TerraCap sells Class A office building in Maitland for $28M

    A week after buying two office buildings near the University of Central Florida, TerraCap Management has sold one of its office assets in Maitland for $27.9 million. The Keller Center is a 160,000-square-foot, Class A office building located at 101 Southhall Lane. CBRE’s Ron Rogg and Chip Wooten...

  • South Florida investor buys third Winter Park CRE asset along Orlando Ave

    South Florida investor buys third Winter Park CRE asset along Orlando Ave

    Hollywood-based TCII Capital Group spent $3.1 million last week for the former Copytronics building -- its third commercial asset in Winter Park.  The office space expands the firm's growing footprint in Central Florida. Located just north of the intersection of Orlando and Fairbanks avenues, the...

  • University Club buys space in new downtown Orlando tower, preps buildout

    University Club buys space in new downtown Orlando tower, preps buildout

    The University Club of Orlando paid more than $2.135 million on Friday for four floors of space in the new Modera Central tower in downtown Orlando, and could begin buildout in two weeks with a goal of opening by year's end, its president told GrowthSpotter.  Addressed at 125 E. Pine St., the 22-story...

  • TerraCap buys two Class A office buildings in Central Florida Research Park near UCF

    TerraCap buys two Class A office buildings in Central Florida Research Park near UCF

    An affiliate of Estero-based real estate investment group TerraCap Management paid $39.19 million last week for two office buildings next to the University of Central Florida, and is looking for more as it raises a fourth fund. Located at 13501 Ingenuity Drive and 12001 Research Parkway in Orlando's...

  • Osceola to restrict new commercial development outside designated 'centers'

    Osceola to restrict new commercial development outside designated 'centers'

    Osceola Commissioners gave preliminary approval Monday night to new land use policies that would restrict commercial development outside of a few dozen designated commercial centers in the county. The policy is part of ongoing Comprehensive Plan and Land Use Code updates that county planners began...

  • Ocoee seeks design-build contractors for new City Hall project

    Ocoee seeks design-build contractors for new City Hall project

    The city of Ocoee is seeking initial applications from design-build contractors for its new City Hall, according to a Request for Proposals (RFP) issued Thursday.  TheRFP is for an initial stage ofpre-qualifying for interested construction and design firms. Only those firms that arepre-qualified...

  • Disney buys office building near I-Drive for customer service division

    Disney buys office building near I-Drive for customer service division

    A Walt Disney Company affiliate paid $12.5 million on Monday for a single-tenant office building in Orlando's tourism corridor, which it has long leased for its Disney Reservation Center. Located at 7100 Municipal Drive, roughly two blocks south of N. International Drive, the 8.27-acre parcel features...

  • Florida Hospital Waterman plans new office bldg in Mount Dora to expand reach

    Florida Hospital Waterman plans new office bldg in Mount Dora to expand reach

    Florida Hospital Waterman is planning a new medical office building in Mount Dora about six miles from its main campus in Tavares, adding new services to a growing area of north Lake County. Located on U.S. 441 just south of the entrance to the Country Club of Mount Dora, the 10.84-acre site was...

  • Local PE group buys turn-key office building in downtown Orlando to relocate

    Local PE group buys turn-key office building in downtown Orlando to relocate

    A local private equity group paid $1.3 million this week to stake its claim in downtown Orlando, buying a turn-key office building with private parking a block west of Lake Eola.  Located at 127 N. Magnolia Ave., the 0.15-acre parcel lies in the shadow of the One Eleven high-rise office and apartments...

  • Developer files plan for mixed-use project at main entrance to NeoCity

    Developer files plan for mixed-use project at main entrance to NeoCity

    Kissimmee-based Schoolfield Properties is preparing an 18-acre mixed-use project that will serve as the main gateway entrance to the NeoCity tech district. With a mix of office, retail, residential and hotel uses, Valencia Village has been designated a "project of significance" by the city because...

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  • Bags, Inc. closes on downtown land for new HQ office, plans still in development

    Bags, Inc. closes on downtown land for new HQ office, plans still in development

    An affiliate of Orlando-based Bags, Inc. paid more than $1.156 million on Thursday for land in downtown Orlando, where it plans a new office building to serve as its corporate headquarters near the Amway Center. The deal involves nine small city-owned parcels totaling approximately 1.23 acres on...

  • Brazilian CRE investors buy three Class A office bldgs in Maitland, Casselberry

    Brazilian CRE investors buy three Class A office bldgs in Maitland, Casselberry

    A partnership of Brazilian private investors paid $23.6 million this week for a trio of value-add office buildings in Maitland and Casselberry, totaling more than 283,000 square feet.  The sales closed on Feb. 28 and were recorded Friday morning in Orange County. The buyer paid more than $18.7...

  • Piedmont REIT buys downtown Orlando office building for $28M

    Piedmont REIT buys downtown Orlando office building for $28M

    Piedmont Office Realty Trust paid a recorded $28 million last week for the HD Supply-anchored office building in downtown Orlando, marking its sixth Class A office investment in the region.  Located at 501 W. Church St., northwest of the Amway Center and commonly known as the "HD Supply" building,...

  • Homebuilder's office, construction plans take shape for Ravaudage in Winter Park

    Homebuilder's office, construction plans take shape for Ravaudage in Winter Park

    Dan Bellows' Benjamin Partners Ltd. will welcome a local homebuilder's new office building to the 73-acre Ravaudage development in Winter Park, and anticipates a vertical construction start in the coming months for new apartments, self storage, a hotel and more at the property.  Custom homebuilder ...

  • Entitlements & infrastructure sought for 75 acres south of Orlando airport

    Entitlements & infrastructure sought for 75 acres south of Orlando airport

    Maitland-based developer Ralph Singleton is reviving plans for new entitlements and infrastructure on 75 acres south of Orlando International Airport, in step with Orange County's expansion of a key thoroughfare.  Located at 14700 and 14730 Boggy Creek Road, just south of the S.R. 417 interchange,...

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  • 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...

  • Orlando Health lines up near- & long-term development plans for SoDo infill site

    Orlando Health lines up near- & long-term development plans for SoDo infill site

    Orlando Health is preparing plans for a new staff parking garage on an infill site near its Orlando Regional Medical Center campus, and setting the stage for a future office building next door.  Located at 55 W. Gore St., south of Downtown Orlando and directly west of the 4.6-acre Crescent Lucerne...

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  • Orange Lake Resorts buys part of Infinity Park land planned for own future HQ

    Orange Lake Resorts buys part of Infinity Park land planned for own future HQ

    Affiliates of Orlando-based Orange Lake Resorts paid $36.55 million on Friday for more than 21 acres at Tavistock Development Company's Infinity Park property, buying an existing office building and adjacent land that is planned for its new corporate campus. Located in the 9300 block of S. John...

  • Local CRE investment family buys office bldg fronting I-4 at Winter Park doorstep

    Local CRE investment family buys office bldg fronting I-4 at Winter Park doorstep

    A local family steeped in commercial real estate investment paid $8.9 million last Thursday in an off-market deal for a fully leased Orlando office building with highway frontage, and wants to diversify with more retail in the coming year.  Located at 604 Courtland St., the 4.72-acre parcel borders...

  • Shingle Creek Resort expansion's next phase prepped for two new staff bldgs

    Shingle Creek Resort expansion's next phase prepped for two new staff bldgs

    Rosen Hotels & Resorts is pursuing permits to break ground in 2018 on the second phase of a multi-phase expansion at its Shingle Creek Resort, with plans for two new staff support buildings.  The company filed construction permit requests on Dec. 21 with Orange County for a four-story, 133,680-square-foot...

  • Construction plans filed for full renovation of Downtown Orlando office bldg

    Construction plans filed for full renovation of Downtown Orlando office bldg

    Construction drawings and a building permit application were filed this week for total renovation of the former AT&T office building in Downtown Orlando. A general contractor and anchor tenant are now top of mind, and could prove one in the same in the coming months.    Located at 500 N. Orange...

  • Providence One Partners to build new HQ office in Colonial TownPark

    Providence One Partners to build new HQ office in Colonial TownPark

    One of the original developers of Colonial TownPark in Lake Mary has acquired the last vacant parcel and plans to start construction in March on a new 10,000-square-foot office building. Providence One Partners purchased the 0.9-acre lot in August and is awaiting final permit approvals from Seminole...

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  • 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...

  • Apopka 107 acres bordering next phase of Wekiva Parkway prepped for development

    Apopka 107 acres bordering next phase of Wekiva Parkway prepped for development

    Two local investors who banked land in Apopka 27 years ago in anticipation of a future Orlando Beltway are ready to cash in, pursuing rezoning for 107 acres with residential and commercial buyers taking interest.  Located in northwest Apopka, the property is split between two parcels that straddle...

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  • New dental office, fuel station & Laureate Park expansion planned for Lake Nona

    New dental office, fuel station & Laureate Park expansion planned for Lake Nona

    New development plans in Lake Nona are under review by the city of Orlando for a local dental office relocation, a new 7-Eleven and the next phase of home lots for Laureate Park.  Tavistock Development Company filed a Specific Parcel Master Plan (SPMP) with the city in mid-November on behalf of ...

  • Local Century 21 Realtor buys Dr. Phillips-area office bldg from peer

    Local Century 21 Realtor buys Dr. Phillips-area office bldg from peer

    The head of a local residential real estate office paid $1.8 million earlier this month for his company's own office property near Dr. Phillips, buying from a colleague who developed it 12 years ago.  Located at 6801 Wallace Road, directly west of Universal Orlando's Volcano Bay water park, the...

  • San Diego-based CRE firm has Downtown Orlando office tower trio under contract

    San Diego-based CRE firm has Downtown Orlando office tower trio under contract

    A San Diego-based commercial real estate investment group has Cousins Properties' trio of Downtown Orlando office towers under contract for an estimated $208 million, four sources with knowledge of the deal told GrowthSpotter.  Southwest Value Partners (SVP) is a privately held company focused...

  • UCF revives & increases plan for new office bldg at Rosen College of Hospitality

    UCF revives & increases plan for new office bldg at Rosen College of Hospitality

    The University of Central Florida is reviving plans to expand the capacity of its Rosen College of Hospitality Management, filing a request Wednesday with Orange County to increase the size of a long-planned office building for the site.  Back in October 2014, UCF earned county approval on a Development...

  • 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...

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