Other Industry News

Developer Quietly Scooping Up Land For $1 Billion Project

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The $1 billion community includes a revenue-generating farm, community gardens, farm-to-table restaurants, 12 miles of trails, edible landscaping and possibly an agriculture-based charter school east of the University of Central Florida on Lake Pickett Road. CLICK ON THE HEADLINE FOR MORE

Orlando Apartment Market Shows Long Runway for Future Growth

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The Orlando MSA has an inventory of approximately 165,000 rental units and about 10,000 units under construction. While that new supply approaches historical high-water marks, the lack of inventory of entry-level, single-family homes and the complexion of the household formation leads us to the conclusion that we are undersupplied in the multifamily space. CLICK ON THE HEADLINE FOR MORE

375,600 SF Distribution Center In Central Florida Changes Hands

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The property was listed for more than $28 million. CLICK ON THE HEADLINE FOR MORE

CBRE Report: Orlando 5th Fastest-Growing Flexible Office Space Market In The U.S

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The market’s flexible-space inventory grew to 485,000 sq. ft. by Q2 2019, up 180,000 sq. ft., or approximately 59 percent from a year earlier. CLICK ON THE HEADLINE FOR MORE

Central Florida SunTrust Bank Building Sells

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Beau Broker, Senior Vice President with Avison Young, handled leasing services at the SunTrust building on behalf of the seller, Simpson Group. He facilitated the sale transaction on behalf of the buyer and will continue leasing the building on behalf of new ownership and long-time client, United Realty. CLICK ON THE HEADLINE FOR MORE

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