Mixed-Use Development Proposed For Prime Location In Downtown Winter Garden
A three-story building with ground-floor retail will front Plant Street, with the top two floors holding ten apartments.
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A three-story building with ground-floor retail will front Plant Street, with the top two floors holding ten apartments.
Pineda Commons will rise on 17.8 acres at 5185 and 5195 N. Wickham Road, just south of the Pineda Causeway.
Brad Peterson, Whitaker Leonhardt and Tommy Isola of Colliers represented the seller, Crosspoint, in a joint venture with Long Wharf Capital.
The property last sold for $17.4 million in 1999.
The 200,000-square-foot park, which is made up of several small bay industrial buildings, is fully occupied.
The two industry professionals bring a combined 65 years of expertise.
As an integral part of this initiative, Brennan will undertake construction of a 249,600 square foot expansion on the adjoining 18-acre parcel of land, resulting in a combined square footage of 493,250.
Jay Ziv, Michael Fay, John Crotty, David Duckworth, Brian de la Fé and Greg Morrison of Avison Young marketed and brokered the sale on behalf of the seller.
The Orlando office, located at 121 S Orange Ave. will continue to serve as the primary hub for Veritas Prime’s Payroll Services Team and Contact Center, as well as future offerings.
JLL Capital Markets facilitated the sale and financing of the property.
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