Encore Capital Lands $42M For Orlando Retail Center
Completed in 2019 and 2020, the property comprises 14 buildings on an 11-acre lot, part of the 325-acre Sunset Walk master-planned mixed-use entertainment community.
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Completed in 2019 and 2020, the property comprises 14 buildings on an 11-acre lot, part of the 325-acre Sunset Walk master-planned mixed-use entertainment community.
A nine-parcel area of SouthPark Center with five fully leased office buildings totaling 670,000 square feet is the subject of the planned new development.
Located at 2140 North John Young Parkway, the industrial site spans 3.53 acres with convenient access to the area’s major highways: I-4 and 408 Expressway. The tilt wall structure is scheduled to be delivered in the first half of 2024.
“This property offers significant upside as the Cape Canaveral port and space coast areas continue to develop around this property. Elon Musk and Jeff Bezos are investing billions in this space coast area and there is very limited supply of industrial properties around the port, said Eric M. Levitt, founder of EML Realty Partners.
Local construction company NEFCO signed a lease for 83,082 square feet of space while Evolution Electric Vehicles will occupy Building 200, plus 71,210 square feet of space in Building 100.
Synonymous with Florida retail, office, industrial, land brokerage and property management for 18 years, this new brand identity is reflective of the firm’s evolution, growth, and positioning for continued success.
The neighborhood center is 90% occupied and anchored by Ollie’s Bargain Outlet and Dollar Tree.
Situated on 35 acres, Topline Logistics Facility totals 457,000 square feet and features 36-foot clear heights, 95 dock doors, four drive-in doors and 110 trailer parking spaces.
Eric Levitt, founder of EML Realty Partners, Dan Flamholtz and David Berg, Principals of Greenspring Realty Partners, worked together as partners in Maryland before Eric moved full-time to Florida in 2016.
Retail and offices will be located on the bottom floor, and apartments and condominiums will be located on the upper floors.
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