Menu
Log in


  • 05/28/2024 7:25 PM | Debbie Colangelo-Admin (Administrator)


    Constellation Real Estate Partners
    and capital partner Northwestern Mutual plan to develop Constellation Air Commerce Park, a three-building, 972,079-square-foot industrial park in Orlando. The partnership recently acquired 75.1 acres located at 10195 Boggy Creek Road, about six miles from Orlando International Airport, for the project.

    Within the park, Building 100 (232,497 square feet) and Building 300 (283,580 square feet) will both have front-park/rear-load configurations and Building 200 (456,002 square feet) will have cross-dock loading.

    C4 Architecture and Florida Engineering Group designed Constellation Air Commerce Park to achieve LEED certification. The project will feature 36-foot clear heights, multiple points of ingress/egress with full circulation, trailer parking, ESFR sprinkler systems and LED lighting.

    Construction is set to begin this year with completion scheduled for the third quarter of 2025.

    Constellation and Northwestern Mutual have tapped Jared Bonshire, David Perez, Taylor Zambito, Ryan Hubbard, Sara Bravo and Jasmine Yarbrough of Cushman & Wakefield as the leasing agents for the project.

     

    Source:  RE Business

     

  • 05/24/2024 11:23 AM | Debbie Colangelo-Admin (Administrator)

    It’s been “all hands on deck” for the last few weeks at The Great Southern Box Company Food Hall as the developer and the vendors prep for their soft opening this weekend in Orlando’s Packing District.

    The food hall at 2105 N. Orange Blossom Trail opens to the public Friday with nine of the 11 vendor spots serving everything from chicken shawarma, to Picanha steak, to Oreo-cheesecake brownies, to some of Orlando’s best Neapolitan-style pizza.

    Paul Jacques, chef and owner of Antica Wood Fired Pizza, spent most of the week curing the new pizza oven and fermenting the dough before knocking out the first four pies. 

    As a two-time Foodie award winner, Antica holds itself to a high standard. Not to mention, Dr. Phillips Charities CEO Ken Robinson will tell anyone who asks, it’s “maybe one of the best pizza places you’ll find anywhere.” He personally recruited Jacques and his partner, Kevin Turner, to the food hall.

    “I’d like to think it took a lot of convincing, but the property sells itself,” Robinson said. “And so when people come and see it, they understand the vision. They understand Dr. Phillips commitment to the vision, then they’re quick to sign on board. And we’re excited to have each and every one of them.”

    As master developer of The 202-acre Packing District, Robinson worked closely with Chef Akhtar Nawab and his group, Hospitality HQ (HHQ), to curate a variety of vendors with menus that highlight a mix of American and immigrant cuisine.

    Some of the vendors are new to the market, like Kabob2Go, but have a successful track record with food halls in other locations. The Mediterranean restaurant features kabobs, shawarmas, falafel and baba ghanouj — all made with imported spices from Lebanon.

    Others, like A Lo Cubano and BrazaOrlando, have run food trucks here in town and have devoted customers.

    Additional vendors include:

    • Dancing Yeti: a Nepali/Indian concept from Chef Rajesh Pathack that will feature Himalayan bowls, sandwiches and stuffed dumplings known as Momos.
    • Eighty Twenty: a new burger concept from Chef Andres Maldonado Fuertes, executive chef of Nona Street Pizza
    • Raj Express: an Indian restaurant serving traditional curries, homemade cheeses and pepper fry.

    The food hall features a sprawling central bar where visitors can order from any of the vendors or just enjoy a beer or craft cocktail. Orange County Brewers is still building its 3,000-square-foot craft brewery, which is slated to open in about four months.

    Lake Mary-based Stack’d Brownies snagged the only dessert-focused stall and will serve its unique array of baked treats alongside soft-serve ice cream and milkshakes.

    For Robinson, this weekend’s opening is the culmination of a journey that started eight years ago.

    “And so it’s been a long time in development from the planning stages to the execution of building stages,” he said. “And when you get to the last minute, it’s all hands on deck. It’s chaotic. It’s exciting. It’s nervous, and we can’t wait till tonight and tomorrow night to open it up to the community and then ready for the whole entire community this weekend.”

    But after this week, he’ll quickly turn his attention to the next phases of Packing District buildout. Robinson said Dr. Phillips has just begun to market to new retail buildings lining Princeton Street and Orange Blossom Trail.

    “So we did our first bit of marketing to the brokerage community, probably two months ago,” he told GrowthSpotter. “And the response to that has been overwhelming. We’ve already started executing leases there, and we are excited about the quality of the tenancy that will be coming in, and so that’s going to be a real add to the community. It’ll help with providing more traffic into Foxtail and Publix in that entire area. And then after that our big next project is what’s going to happen in the green space right out front here. And our plans are for a hotel and then office building and so that’ll be the next big step for us.”

    Robinson said the district already has entitlements for the hotel and office  building, but the development team is trying to decide whether to build two buildings or stack them together in a single building. The hotel user will be a boutique, limited-service brand with 120 rooms, since it will be intended to complement the food hall.

    “That was the intent of why we’ve done these together, why we intentionally are working on a hotel for this corner, because we have event space here we have food service. We’ve already designed a parking garage to serve all of the utilization,” he said.

    CFCAR's Hallmark Awards will be held at The Great Southern Box Company Food Hall on July 24th!  Be sure to save the date and be on the lookout for more information!

    Source:  GrowthSpotter


  • 05/21/2024 3:31 PM | Debbie Colangelo-Admin (Administrator)

    Cushman & Wakefield arranged the sale of The Nine at Central, a recently built 201-unit and 764-bed student housing apartment community located at the University of Central Florida.

    The Nine at Central was sold by 908 Group and Scannell Properties and purchased by L3 Campus, a student-housing focused owner and operator with around 5,000 beds across various markets. Travis PrinceShawn Lubic, and Victoria Marks-Vagnier of Cushman & Wakefield’s Student Housing Capital Markets team represented the seller in the transaction. The firm also brokered the sale of the land, on which the community was developed, back in 2021.

    “Florida’s growth story has been a catalyst for the high demand we are seeing for student housing beds in the Orlando market. The opportunity to acquire The Nine at Central allows new ownership to benefit from this and acquire best in class product and location in a Power 5 market,” said Travis Prince, Executive Managing Director at Cushman & Wakefield.

    Built in 2023, The Nine at Central is one of the area’s top housing options that provides students with superior amenities and convenient access to campus. Units are fully furnished with in-unit laundry and residents also benefit from the community’s state-of-the-art fitness center, pool with cabanas, dog park, study pods and suites, and a 24/7 coffee bar.


  • 05/16/2024 7:25 PM | Debbie Colangelo-Admin (Administrator)

    Former principal and founder of Bishop Beale Duncan, William D. Bishop, also known as Billy, has joined forces with industry veteran, Kyle Wood to establish the new commercial real estate company, Bishop Wood Partners.

    Together, Billy and Kyle are leveraging their expertise and passion for real estate development to position Bishop Wood Partners as a prominent player in the industry. Focused on their shared entrepreneurial drive, the firm aims to introduce innovative strategies to land development and brokerage projects throughout Florida. Their commitment to excellence and delivering outstanding results to clients will distinguish Bishop Wood Partners in the commercial real estate sector.

    Orlando serves as the ideal location for this dynamic partnership to kick off their new venture, and the future appears promising for Bishop
    Wood Partners as they embark this new chapter in their professional journeys.


  • 05/09/2024 10:36 AM | Debbie Colangelo (Administrator)

    The next meeting will be:

    Friday, June 10th, 2024

    Doors open at 8:30AM
    Meeting starts at 9:00AM
    at the

    Orlando Regional Realtors (ORRA) Building
    1330 Lee Road
    Orlando, FL 32810

    (Your properties must be on TotalCommercial to be presented.)

    Sponsored by the Florida CCIM Chapter Central District since May 2008
    Co-sponsored by ORRA Commercial Council and CFCAR | CFCREA.

    NO REGISTRATION NEEDED
    Just show up ready to make some money!

    We had over 70 people in April. Hope to see you there Friday!

    Promote yourself, your listings and your needs!

    Breakfast Provided by CFCAR



  • 05/06/2024 5:31 PM | Debbie Colangelo-Admin (Administrator)

    A vote on an ordinance that would temporarily stop new development applications in unincorporated regions of Orange County until a final vote on the new Vision 2050 comprehensive plan is held in the fall is anticipated later this month by the Orange County Board of County Commissioners.

    During a work session on April 9, the Board of County Commissioners talked about the Orange Code update and the current countywide comprehensive plan. The Board asked planning staff to draft a "zoning-in-progress ordinance" during the meeting; commissioners will vote on it at their subsequent meeting on May 21.

    If approved on May 21, the ordinance would immediately stop accepting new development applications in selected regions until the end of September, when the final vote on Vision 2050 and the Orange Code is scheduled to occur.

    The ordinance will apply to new applications, and that most existing applications already submitted will not be affected. Even if the Board passes the ordinance on May 21, existing applications submitted before that date will continue to move through the review process. For months, the County has notified applications about the changes coming to the review process.


    Source:  GrowthSpotter

Powered by Wild Apricot Membership Software