Woodland Lakes--a 911-acre, mixed-use development unfolding along the Lake Underhill Road/Alafaya Road corridor in one of east Orlando's most vibrant and fastest-growing areas--alone brought in $12 million on three transactions from developers planning multifamily and single-family communities. The other land sales were in OCP Inc.'s three other parks, Orlando Central Park, Orlando Central Park South and SouthPark.

"Woodland Lakes continues to be a flash point for both commercial and residential development in the burgeoning east Orlando market," says OCP Inc. executive VP Jeff Troan, adding that he expects the sales momentum to continue through most of 2003.

The 2002 production volume comprised a $6.5 million purchase in December by Orlando-based Remark Development Inc. for a planned 546-home community that will be under way later this year; a $3.1 million purchase by DeLuca Homes for 82.5 acres for a new single-family development; and a $2.23 million purchase by Jacksonville-based Group IV Properties, which is launching a 272-unit apartment complex.

Additional transactions included a four-acre parcel in SouthPark purchased for $906,048 by TT of Sand Lake Inc. for the expansion of its new Chrysler dealership; a two-acre parcel in SouthPark bought by Fields Motorcars for $827,540 to expand an existing facility; an 0.875-acre site in Orlando Central Park purchased for $78,135 by A-1 Moving & Storage for expansion; and a 3.2-acre parcel in Orlando Central Park South by DNA Developers for $410,533 to build a new flex office building that will break ground this spring.

J. Gary Castle of Castle Commercial Realty Inc. represented OCP Inc. in all of the deals.