Regions Southeast | Orlando
Orlando Office Market Struggling to Stay Even
Oct. 13, 2008
Mounting concerns surrounding the health of the economy, meshed with sluggish employment growth, continue to drag down markets across the country. Orlando’s office market--although somewhat buoyed by employment growth experienced in the hospitality and tourism sectors--is no exception.
Orlando Industrial Building Snapped up in 1031 Exchange
Oct. 07, 2008
The 110,600-square-foot industrial property at 950 Bennett Rd. in Orlando has just come under new ownership, courtesy of Monmouth Real Estate Investment Corp.'s acquisition of the asset from FE Orlando Investment L.P.
CresaPartners Merges with Strictly Commercial to Become Central Florida Force
Sept. 10, 2008
Boston-based CresaPartners, the largest corporate real estate advisory firm in North America that focuses solely on tenant representation, has combined operations with Orlando-headquartered tenant representative firm Strictly Commercial, the only commercial real estate firm in Central Florida concentrating exclusively on providing office real estate solutions for area businesses.
Tri-City Electrical Contractors to Build 400,000-SF Support Center in Orlando
Aug. 21, 2008
The Central Florida commercial division of Tri-City Electrical Contractors Inc. is under way on $8 million of work at Darden Restaurants’ new 400,000-square-foot LEED-certified Support Center as well as 16,284-square-foot LEED-certified Data Center, both located on Taft-Vineland Road in Orlando, Fla., under its contract with Hardin Construction.
Hilton Orlando Hotel Hits Construction Milestone
July 25, 2008
Hilton Hotels Corporation has celebrated a new milestone in the construction of the Hilton Orlando with a topping off ceremony. The 19-story building broke ground in May of 2007 and is scheduled to open in the third quarter of 2009. The hotel, connected to the Orange County/Orlando Convention Center, will increase the convention center’s size and will add 1,400 hotel rooms for guests.
Orlando Industrial Property Sold
July 18, 2008
Delta Properties Intl. L.L.C. has acquired the industrial facility at 1815 Cypress Lake Drive in Orlando, Fla., from LDL Holdings Florida L.L.C.
HFF Handles Over $200M in Florida Deals for Flagler
July 11, 2008
Flagler Development Group of Coral Gables, Fla., has made more than $200 million in office and industrial space acquisitions recently, including the purchase of two Orlando office properties for a total of $92.5 million.
Marriott Breaks Ground on Orlando Timeshare
July 11, 2008
Marriott Vacation Club International, the vacation ownership division of Marriott International Inc., broke ground yesterday on Marriott’s Lakeshore Reserve at Grande Lakes in Orlando, Fla.
Orlando Office Trades in TIC Transaction
June 20, 2008
Flagler Development Group has acquired Reserve at Maitland, a Class A office property with three single-story buildings in Orlando’s Maitland submarket, in a tenant-in-common exchange, according to Grubb & Ellis Realty Investors L.L.C.
Nemours, Skanska Team Up for $400M Children's Hospital in Orlando
June 18, 2008
Nemours has finalized the acquisition of 60 acres of land in the heart of Lake Nona's medical city in Orlando, and plans to build a $400 million top-tier pediatric health care facility, anchored by a children's hospital. The pediatric health system company tapped Skanska USA Building Co. as the construction manager to oversee the building process for the facilities.
Alion Science Leases 12,617SF in Orlando
June 16, 2008
Alion Science and Technology Corp. leased 12,617 square feet of space in East Orlando, Fla. With two locations in Orlando, the company was looking to consolidate its office space without disrupting its operations.
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