Learn where the new land opportunity lies, what challenges are ahead in making it pad-ready, and population and jobs data driving local multifamily investment.
Details from the company's founder on the new retailer's timeline over the coming months, and the type of former auto business building it will be renovating.
Estes Express Lines, one of the largest trucking companies in the country, spent $4 million for a warehouse and 31-plus acres in Groveland's Ford Commerce Park in late January, less than half the $8.4 million that the land and building sold for in 2003.
Ohio-based DDR Corp. has now bought three retail centers in Orlando's tourism corridor this year, focusing on Mall at Millenia in the past week after buying an outlet shopping center on North International Drive in late April.
Veteran retail brokers say Millenia market may support Costco and established wholesaler BJ's, but that Costco's market dominance spells trouble for its competitor.
