Archive for Office

CIM Group Provides $72.9M Refinancing Loan for SunTrust Plaza in Downtown Orlando

Oct 01, 2020 No Comments by

The borrower, a partnership between Lincoln Property Co. and Mason Capital Partners, delivered the asset earlier this year. CLICK ON THE HEADLINE FOR MORE

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SRS Negotiates $22.7M Sale Of Seven Retail, Office Outparcels Near Mall At Millenia

Sep 15, 2020 No Comments by

The outparcels total 104,188 square feet and six were leased to retail tenants including BJ’s Brewhouse, DSW, Ethan Allen, Old Navy, Olive Garden and West Elm at the time of sale. CLICK ON THE HEADLINE FOR MORE

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15-Building Central Florida Office Park Sold by Institutional Property Advisors

Sep 01, 2020 No Comments

The property sold for $28.5 million. CLICK ON THE HEADLINE FOR MORE

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Moratorium On Development Voted In By Winter Park City Commission

Aug 19, 2020 No Comments

In the same meeting where a study reported a $799 million loss in revenue for Winter Park as a result of COVID-19. CLICK ON THE HEADLINE FOR MORE

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Lake Nona Welcomes New SIMCOM Global Headquarters

Aug 04, 2020 No Comments

The five-acre site will include 12 full-flight simulator bays and train an estimated 10,000 pilots per year. The state-of-the-art facility is expected to begin construction this year and open in 2022. CLICK ON THE HEADLINE FOR MORE

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Orange County Approves More Construction Incentives

Jul 30, 2020 No Comments

The commissioners voted unanimously for county code amendments which allow for companies to defer the payment of impact fees and to exempt the payment of transportation impact fees for change-of-use permits up to $100,000. CLICK ON THE HEADLINE FOR MORE

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Orlando Office Market Vacancy Rate Exceeds 10 Percent for First Time Since 2016, Says CBRE

Jul 28, 2020 No Comments

Orlando, like several other markets nationwide, was not able to escape the downturn as large swaths of space were given back quicker than they were absorbed. Two tenants vacated a combined 174,000 square feet. CLICK ON THE HEADLINE FOR MORE

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North American Properties Acquires 21 Acres In Central Florida For Multi-Sector Development

Jul 22, 2020 No Comments

Preliminary phase one plans call for multiple buildings totaling 135,000 square feet of traditional office, office warehouse and manufacturing space, plus commercial outparcels to serve the growing area market. CLICK ON THE HEADLINE FOR MORE

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