The acquisition is one of Central Florida's biggest commercial real estate deals in the last 20 years, according to GlobeSt.com research.
Nationwide Realty Investors Ltd., a division of Columbus, OH-based Nationwide Insurance Co., was a partner with Pizzuti in the transaction.
The Heathrow office buildings acquired by Colonial comprise 300 Heathrow, 84,953 sf; 400 Heathrow, 100,821 sf; 500 Heathrow, 75,860 sf, 701 Heathrow, 126,570 sf; 801 Heathrow, 150,567 sf; 901 Heathrow, 178,241 sf; 1000 Heathrow, 87,066 sf; and the 192,159 sf 1001 Heathrow building, completed in June.
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