Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORLANDO-Boston-based-New Boston Fund Inc., a private equity real estate investment, development and management firm, acquired a controlling interest in the 137,000-square foot Southpoint Executive Center, a Class A office building in the Orlando suburb of Maitland, on May 12th. The former owner of the property, now a minority partner, is the Stiles Corp. of Ft. Lauderdale.

Stiles purchased the Southpoint Executive Center in 2007, but the building, which is 20 years old, lost tenants over the last few years, the most important being Embarq, a telecommunications company, which occupied roughly 60,000 square feet. After the company was acquired by CenturyTel Inc., now CenturyLink, last summer, it left Southpoint.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.