Cushman & Wakefield Arranges Sale Of 363,000 SF RDV Sportsplex

Cushman & Wakefield arranged the sale of RDV Sportsplex, a 362,813-square-foot Class A multipurpose office, sports, and recreation facility located in Maitland.

The Cushman & Wakefield Capital Markets team of Rick Colon, Mike Davis, and Rick Brugge represented Orlando Sportsplex, LLC in the transaction in collaboration with Glen Jaffee, who has also leased the property since 2020 and was retained by new ownership to continue that role.

The facility was acquired by Genesis Health Clubs, a Wichita, Kansas based corporation.

Built in 1998, and fully renovated in 2020, the RDV Sportsplex includes the RDV Athletic Club, RDV Ice Den and nearly 100,000 square feet of Class A office/medical-use space occupied by tenants.

“It has been our privilege to operate and manage RDV Sportsplex for the past 25 years. We are excited to see the new owner continue the legacy of fitness, wellness, and sports in Central Florida. We know Genesis Health Clubs will be a great partner with the community and provide growth and services for years to come,” said Karl Droppers, Orlando Sportsplex LLC President.

The facility is located in Maitland Center, one of the largest and most prestigious suburban office parks in Central Florida and sits on approximately 20.7 acres of planned development land in the heart of Maitland. Maitland’s strategic location provides ease of access to major roadways and has substantially benefited from recent interchange improvements to shorten commute time and enhance accessibility to the area.

“This was not an easy task with a property which touched so many from visitors, members, and tenants. The sellers cared about the ongoing impact on the community and the legacy, which meant we had to find the right buyer who would continue to run the facilities in their original capacities,” added Jaffee, Director at Cushman & Wakefield.

 

“The property serves as a unique amenity for those who live and work in and around Maitland Center and we look forward to seeing it succeed well into the future under its new ownership,” noted Colon, Director at Cushman & Wakefield.

 

Share and Enjoy:
  • Print
  • Facebook
  • LinkedIn
  • Twitter
 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

CLICK HERE TO SUBSCRIBE TODAY!

 
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *