The project, backed by a $45 million investment, will feature 392 modern apartments as well as approximately 53,000 to 55,000 square feet of commercial space, including retail shops, diverse dining options, and offices.
Dr. Phillips Charities President and CEO Ken Robinson revealed that one entire floor—about 10,000 square feet—will be set aside for nonprofit organizations, offered at below-market rents to foster innovation and impact.
The Colliers Retail Team’s work on this project was awarded the Central Florida Commercial Association of Realtors’ Deal of the Year in 2024.
The property sold for $254 per square foot.
The 47,418-square-foot, 2 building property features 18 office suites and 10 retail units.
In honor of the New Year, here are the most popular news headlines of 2024 on CRE-sources.
He joins JLL from Avison Young, bringing more than 14 years of experience in commercial real estate, specializing in office tenant representation.
The company has opened three new locations in the Central Florida area this year, with two additional locations slated to open by the end of this year.
Andrew McCaw, Senior Vice President of Tenant Representation at NAI Realvest, represented the tenant in the lease deal.
“Andy’s dedication to his clients has resulted in a substantial number of closed deals worth over $630 million to date. He has more than earned this promotion,” said Patrick Mahoney, CEO at NAI Realvest.