A Charlotte-based CRE firm with commercial properties throughout Florida entered the Orlando market with the purchase of the International Drive Value Center. Collett paid $26 million for the shopping center, which abuts the Fun Spot amusement park on one side and Artegon Mall on the other. The...
A new SunTrust Bank is coming to Casselberry’s Lake Concord Park and two restaurants may be part of the package later, according to documents submitted to the city. The bank, with a drive-through teller, will be built on a vacant 2.8-acre parcel on the southeast corner of U.S. 17-92 and Triplet...
A South Florida developer is planning to convert two blighted motels in Groveland into an apartment complex called "Milestone Hills." Groveland Property Investment, affiliate of Miami developer Martin F. Ugarte and CRE broker Santiago Silva, paid $3.5 million last week for the the former Clermont...
Pacer Partners, a boutique real estate firm with offices in New York and Boston, paid $28 million this week for a pair of Class A office buildings in Orlando's SouthPark Center. Located at 700 and 800 SouthPark Center and totaling 151,479 square feet, the properties are fully leased to a diverse...
The City of Orlando is offering nearly 5 acres for sale just south of Camping World Stadium to the right developer who will build mixed-income housing in downtown's Clear Lake neighborhood. "I think the market is pretty ripe for moving development forward on this site," Orlando's Director of Economic...
A developer and a broker with deep roots in South Florida are making a move into Central Florida. RCR Homes and Howard Chase Real Estate are teaming up to build and sell up to 34 ultra-luxury homes about an hour northwest of Orlando. “These are like big monster mansions,” said Howard Chase, broker...
Experience in collaboration and municipal facilities have already proven key for Wharton-Smith and HuntonBrady Architects as they begin the design-build process that will eventually bring the new Ocoee City Hall to life. The two companies have worked together on about half a dozen projects. Each...
Horizon West founder Jim Karr has filed a rezoning application for a new Planned Development that would add a combined 700 homes and apartments plus retail uses to the community's Village I. The Karr Planned Development comprises 134 acres north of Hartzog Road and east of Avalon Road. It's currently...