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Other Industry News

Lake Nona Under Construction On World-Class Fitness Center

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The 130,000-square-foot fitness center claims to be one of the most comprehensive and thoughtfully curated in the nation providing a tailored approach to whole-person health for members of all ages and skill levels. CLICK ON THE HEADLINE FOR MORE
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Cushman & Wakefield Arranges Sale of 7-Acre Land Parcel at Posner Park

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Andy Slowik and Margery Johnson of Cushman & Wakefield represented the seller, an affiliate of BTI Partners, in the transaction. CLICK ON THE HEADLINE FOR MORE
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Lake Nona Welcomes New SIMCOM Global Headquarters

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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

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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

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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

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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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