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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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Valencia College Puts Historic Chicone Building on the Market

Valencia College Puts Historic Chicone Building on the Market

After purchasing a Metrowest property that will assist Valencia College in centralizing and economizing its key administrative functions, Valencia Foundation is offering its historic Chicone Building for sale or competitive lease.…

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JV Brings SkyHouse Apartments Concept to Orlando

JV Brings SkyHouse Apartments Concept to Orlando

Novare Group and Batson-Cook Development Company, the joint venture behind Atlanta’s SkyHouse Midtown Apartments, has now teamed up with Palmetto Realty Advisors in order to bring the SkyHouse concept to Orlando.…

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Lender-Owned Mixed-Use Project Trades for $13.2M

Lender-Owned Mixed-Use Project Trades for $13.2M

Waterford Park at Waterford Lakes—a Class A mixed-use retail and office building located near the nation’s second-largest university, the University of Central Florida—has traded hands for the reported amount of $13.2 million. A small land parcel across the street from the property and a potential billboard site on Lake Underhill…

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