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Orlando University Center’s $33M Sale was 2012’s Second Largest Office Deal

Orlando University Center’s $33M Sale was 2012’s Second Largest Office Deal

Crocker Partners’ $33 million acquisition of the Orlando University Center office park in late December proved itself to be the second-largest office investment sale in Orlando for 2012. The acquired portfolio includes five suburban office buildings—totaling 386,512 square feet on 27.12 acres—at 3452, 3504 and 3505 Lake Lynda Blvd., and…

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UCF Starts Renting Units at the $55M NorthView Student Housing Project

UCF Starts Renting Units at the $55M NorthView Student Housing Project

With opening set for Fall 2013, UCF Housing and Residence Life is now taking applications to rent units in the $55 million NorthView student housing project. Currently under development just across McCulloch Rd. from the UCF campus and Bright House Networks Stadium, the apartments are being developed by Alan Ginsburg…

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GDC-Developed M-F Project to Deliver Eco-Friendly, Luxury Units to Downtown Orlando

GDC-Developed M-F Project to Deliver Eco-Friendly, Luxury Units to Downtown Orlando

The 2.6-acre site at North Orange Avenue and Marks Street will no longer stay vacant, as developer GDC Properties has recently broken ground on a $35.9 million, eco-friendly multifamily development.…

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Retail Phase of 14.5-Acre Mixed-Use Development Underway, Multifamily and Office to Follow

Retail Phase of 14.5-Acre Mixed-Use Development Underway, Multifamily and Office to Follow

DeBartolo Development, LLC and Forge Capital Partners, LLC have recently broken ground on The Fresh Market at Mills Park—the first phase of a 14.5-acre mixed-use development that will rise at the intersection of Mills Avenue and Virginia Drive in Orlando.…

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Three Orlando-Area MOBs Part of $322M Portfolio Acquired by Duke Realty

Three Orlando-Area MOBs Part of $322M Portfolio Acquired by Duke Realty

In one of the largest medical office building portfolio transactions, Duke Realty paid $332 million for 14 properties in six states. Seller Seavest Healthcare Properties LLC has divested two of its early discretionary funds in the transaction which included assets totaling more than 1.2 million square feet.…

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University Shoppes Demolition to Make Way for Student Housing Complex

University Shoppes Demolition to Make Way for Student Housing Complex

The 25-year-old University Shoppes retail center across from University of Central Florida’s main entrance is set for demolition, as American Campus Communities will soon be replacing it with a new student housing complex.…

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Highpoint Club Apartments Trade in $30 Million Deal

Highpoint Club Apartments Trade in $30 Million Deal

Tampa-based Robbins Property Associates has now assumed ownership of Highpoint Club Apartments in Orlando, following a $30 million deal. The price amounts to $86,207 per unit.…

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Enders Place at Baldwin Park Trades Hands

Enders Place at Baldwin Park Trades Hands

A joint venture between affiliates of Manhattan-based Bluerock Enhanced Multifamily Trust, Inc. and Waypoint Residential has recently acquired Enders Place at Baldwin Park for an undisclosed amount.…

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Westin Imagine Follows in Streak of Recent Orlando Hospitality Transactions

Westin Imagine Follows in Streak of Recent Orlando Hospitality Transactions

The last few weeks stand as clear proof of the increasing appeal of Central Florida hotels; following the sale of two luxury Bohemian hotels and that of the Lake Eve Resort last week, Westin Imagine Hotel was next in line to trade owners.…

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JV to Invest $24M in Orlando’s Lake Eve Resort

JV to Invest $24M in Orlando’s Lake Eve Resort

According to an official announcement, the Arden Group, Inc. entered into a joint venture with Eightfold Real Estate Capital and Hostmark Hospitality Group to acquire the Lake Eve Resort in Orlando.…

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Inland Snags Two Luxury Bohemian Hotels in Orlando

Inland Snags Two Luxury Bohemian Hotels in Orlando

Inland American Lodging Group, Inc.—a wholly owned subsidiary of Inland American Real Estate Trust—recently announced purchase agreements with acclaimed hotelier and developer Richard Kessler to acquire two Orlando-area luxury hotels, and one in Savannah, Ga.…

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Lincoln Property Signs Leases for Over 30,000 SF in Metro Orlando

Lincoln Property Signs Leases for Over 30,000 SF in Metro Orlando

Within the past week, Lincoln Property Company Southeast has brokered leases totaling more than 31,000 square feet in several metro Orlando complexes.…

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