LQ Commercial Facilitates 11K SF Office Lease For Central Florida Expressway Authority
The tenant will relocate its call center operations while maintaining its corporate headquarters at its existing Orlando location on ORL Tower Road.
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The tenant will relocate its call center operations while maintaining its corporate headquarters at its existing Orlando location on ORL Tower Road.
The 109,000-square-foot anchored retail center traded for $16,050,000.
Haven Property Group is advancing plans for a 31.9-acre small-bay industrial development along Sampey Road.
NAI Realvest represented the buyer, La Familia III, LLC, in the acquisition, while the seller, Colonial Holding Group LLC, was represented by Ryan Griffith of Lee & Associates.
The off-market transaction includes two Orlando industrial properties totaling 280,927 square feet.
The recently delivered shopping center totals 190,000 square feet.
Sprouts Farmers Market has already been identified as one of the tenants planned for the redeveloped property.
Bealls currently operates more than 650 locations and reportedly has plans for more than 20 additional stores.
The project would rise northwest of Orlando International Airport, in the Pine Castle area west of Lake Conway, extending the company’s push into one of the region’s most strategically positioned logistics corridors.
The project is planned as a three-phase industrial park totaling approximately 1.4 million square feet across 163 acres.
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