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Orlando Headlines

  • Latest Buy Puts Coastal Ridge Over $500M in Deals

    The Coastal Ridge/H. Katz joint venture has purchased more than $1 billion in properties since its inception in November 2014.

  • BTI Partners Look to Sell 100-Acre Development Site in Orlando Area

    BTI also reports it has obtained a $12-million loan secured by the 100-acre property from Florida Community Bank. A spokesman for BTI tells Globest.com that while the 100-acre parcel is on the market for sale, BTI still could possibly be involved in the development of the property.

  • Florida’s Economy Hits ‘Historic’ $1-Trillion Milestone

    Dr. Jerry Parrish, Florida Chamber Foundation chief economist, who forecasted earlier this year that Florida would reach the new $1-trillion economy threshold sometime in 2018, says the milestone was achieved last week. He notes that Florida is adding $2.74 billion each day to the state’s GDP.

  • Another Watercrest-Titan Senior Living Project To Break Ground

    The Winter Park, FL project named Watercrest Winter Park will be developed by Vero Beach, FL-based Watercrest Senior Living and Titan Development Real Estate Fund 1.

  • News

    Tech Repair Franchise Opens 38 New Stores in Second Quarter

    Among its fastest growing markets, uBreakiFix opened nine new locations in the Kansas City area and four new locations in Florida in the second quarter. The firm also expanded its footprint in Omaha, NE; Toronto, Ontario and other existing markets.

  • Passco Grows Florida Footprint With Jacksonville Buy

    Passco's portfolio in the Sunshine State now totals more than 3,000 units, according to Colin Gillis, VP of acquisitions, southeast at Passco.

  • Spirit Airlines Expands Corporate HQ in Miramar

    The airline's latest deal involves an expansion of 26,287 square feet, which ramps up its leased space at the Miramar Park of Commerce to 97,106 square feet.

  • Tampa Bay Rays Unveil New Stadium—Price Tag: $892M

    Team officials said the ballpark is projected to cost $809 million with additional infrastructure costs of $83 million. The new ballpark they said could be complete in time for the first pitch on Opening Day 2023.

  • Waypoint Residential Sells Orlando-Area Multifamily for $49M

    The 337,892-square-foot property consists of 16 three-story buildings. Waypoint Residential recently upgraded all unit interiors, which resulted in a notable rent increase and therefore now presents a strong value-add opportunity for the new ownership, according to Cushman & Wakefield.

  • Two Orlando Shopping Centers Change Hands

    In the first deal, recently formed LBX Investments of Los Angeles has purchased Alfaya Commons, a 130,811-square-foot shopping center at 11792-11970 East Colonial Drive from Regency Centers in a deal valued at $19.8 million.

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