ORLANDO-TA Associates Realty, a private equity fund based in Boston, has become the new owner of 55 West, a 32-story mixed-use tower in downtown Orlando. The investment group's Realty Associates Fund IX LP purchased the property on March 18 from FFWO LLC, a Dutch lender, for $75 million.
The property comprises about 8,000 square feet of retail space and 377 apartments. Last year, TA Associates Realty paid about $60 million for two commercial properties in Orlando.For the full story, go to Orlando Business Journal.
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