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#CRE NEWS
Central FL
#CRE NEWS
- Ivanhoe Village building, former home of Hammered Lamb, hits market for $4 million
A nearly century-old Orlando property that recently housed a popular neighborhood bar is hitting the market, offering a rare chance to own a piece of Ivanhoe Village history.
- Tupperware Heights: Apartments and more proposed near SunRail station
A New York-based firm is planning a major mixed-use development near a SunRail station, potentially bringing hundreds of new apartments to the area.
- Downtown Orlando development with multiple towers, grocery store proposed
A longtime public housing community in Orlando could see an infusion of dense, mixed-use development featuring high-rise buildings.
- The National Observer: Real Estate: Pending sales within luxury housing market slow nationally
Pending sales in the luxury segment have fallen to their lowest level in more than a decade.
- Central Florida's 60 largest general contractors
The largest general contractors in Central Florida reported more than $6B in construction related local revenue from offices located in Central Florida. The online version of this ranking expands beyond what appears in print; another 40 general contractors are included in our digital rankings, in addition to the 20 featured in this week's print edition. This week's List is part of a shift in our research methodology and philosophy in 2025, one that will emphasize more data and context for readers while better coordinating the resources available to us and our 46 sister publications under the American City Business Journals flag. We anticipate this effort will identify thousands of new local records — and cumulatively, tens of thousands of new businesses across ACBJ's footprint — this year alone. Information on The List was obtained through Orlando Business Journal research or supplied by individual firms through questionnaires that OBJ could not independently verify. In case of ties, firms are ranked by total employment and then listed alphabetically if ties remain. Additionally, companies that did not respond to employment surveys but were still included on this year's List are sorted by estimated total employment figures derived from Orlando Business Journal archives; annual filings with the U.S. Department of Labor; and other firm-specific resources. For information about this and other Orlando Business Journal Lists, please contact Data Reporter Logan Dragone ldragone@bizjournals.com
- Central Florida construction firms face revenue swings amid labor shortages and rising costs
Central Florida's construction landscape is facing headwinds, with some firms seeing substantial revenue growth while others face steep declines.
- Downtown Orlando movie theater's closure sparks speculation on new uses, redevelopment
The closure of a prominent downtown Orlando movie theater has sparked discussions about what comes next for the space, with experts weighing in on potential new uses.
- Winter Garden ranch home eyed for new subdivision development near Windermere
Plans are in the works to turn a sprawling 12-acre property near Winter Garden into a small subdivision with new homes.
- Mount Dora project with Chick-fil-A, Texas Roadhouse, more gets timeline to open
A new retail development in Mount Dora is set to bring several popular restaurant chains to Lake County, with openings planned before the year's end.
- Permits reveal Trader Joe's next Central Florida expansion target
Trader Joe's fans in Brevard County may soon have reason to celebrate, as a new permit filing hints at the popular grocer's potential expansion to a prime location.
- $137M Avalon Park deal among handful of recent nine-figure apartment sales in Orlando area
One of the priciest per-unit apartment deals in recent Orlando history offers insights into evolving renter preferences and market trends.
- Boynton Beach Retail Center Trades for $16.3M
A 37,000-square-foot Boynton Beach retail center sold for $16.3 million. Janoura Realty was the seller, and Phillips Edison & Co. (PECO) was the buyer. The South Florida Business Journal reports that The Cross Creek Center last sold for $5.5 million in 2005. It was built on the 4.5-acre site in 1988 and renovated in 2014. ... The post Boynton Beach Retail Center Trades for $16.3M appeared first on Connect CRE.
- AdventHealth Building $660M Orlando Hospital
The new hospital, to be built in Orlando, will consist of a 14-story, 595,000-square-foot patient and surgical tower with 440 patient beds and 24 operating rooms. The Orlando Business Journal reports that AdventHealth will spend $660 million on the initial phase, which includes 120 beds, eight operating rooms and space for services like sterile processing ... The post AdventHealth Building $660M Orlando Hospital appeared first on Connect CRE.
- Treasure Island Hotel to Be Razed, Repositioned
The Sands of Treasure Island will soon meet the wrecking ball. A series of storms doomed the structure, built in 1947. The iconic hotel, which was bought by Impact Properties in 2017 for $5.25 million, is slated to be demolished within the month. The Tampa Bay Business Journal reports that while Impact has not publicly ... The post Treasure Island Hotel to Be Razed, Repositioned appeared first on Connect CRE.
- Investor Lands Financing for Tampa Student Housing
Commercial Street Partners has obtained financing for a recently completed 576-bed housing venture near the University of Tampa campus. The $97.4 million refinancing is for the project at 311 N. Newport Ave, which is a half-mile from the campus. Commercial Edge reports that MF1/Limekiln Real Estate Investment Management provided the three-year, floating-rate loan. The property is ... The post Investor Lands Financing for Tampa Student Housing appeared first on Connect CRE.
- NVGTN Sells, Leases Back Trinity Warehouse
NVGTN has sold its Trinity, Florida, warehouse, but has agreed to sign a long-term lease to stay put. Cushman & Wakefield represented the lifestyle activewear brand in the $22.5 million sale/leaseback of Trinity Commerce Center in Trinity, near Tampa, to Greek Real Estate Partners. Greek Real Estate Partners Alex Motiuk added, “Florida’s powerful growth trends align ... The post NVGTN Sells, Leases Back Trinity Warehouse appeared first on Connect CRE.
- Orlando Sr. Housing Developer Closes on $134M Bond Financing
Trinity Community Development Foundation (TCDF), owned by Trinity Broadcasting Network, has obtained $134 million in tax-exempt bond financing for Millenia Moments Orlando, a 261-unit seniors housing community to be built in Orlando. JLL Securities and HJ Sims, in collaboration with JLL Capital Markets’ Seniors Housing team, secured the fixed-rate financing with a final maturity of ... The post Orlando Sr. Housing Developer Closes on $134M Bond Financing appeared first on Connect CRE.
- S2 Acquires “Vintage” 770-Unit Tampa Apartment Property
S2 Capital paid $97 million for Amberly Place, a 1989-vintage, 770-unit, garden-style multifamily apartment community in Tampa. The seller, Providence Real Estate, last paid $63.4 million for the property in 2013. The property was acquired off-market through a deal arranged by Shelton Granade of commercial real estate brokerage firm Institutional Property Advisors (IPA). IPA’s Harry Krieger assisted S2 in securing ... The post S2 Acquires “Vintage” 770-Unit Tampa Apartment Property appeared first on Connect CRE.
- Kissimmee Rental Community Sells for $88.5M
The Retreat at Sunset Walk apartments at 8050 Fins Up Circle in Kissimmee sold for $88.5 million. The Orlando Business Journal reports that an affiliate of Montage Capital was the buyer. Falcone Group sold the 352-unit property. The Retreat at Sunset Walk was built in 2022 on nearly 18 acres. The complex consists of four-story buildings with ... The post Kissimmee Rental Community Sells for $88.5M appeared first on Connect CRE.
- Aldi Opening Three Orlando-Area Stores
Aldi is preparing to open new stores in the Orlando area, stores that will go in where Winn-Dixie and Harveys Supermarkets used to be. Last year, the company bought the two chains and will spend $9 billion throughout the country converting the stores to the Aldi brand. 13 of the new stores will be in Florida, ... The post Aldi Opening Three Orlando-Area Stores appeared first on Connect CRE.
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ORLANDO
500 Winderley Place #104
Maitland, FL 32751
(407) 660-7500
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5601 Mariner Street #220
Tampa, FL 33609
(813) 288-0020
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Fort Myers, FL 33907
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