ORLANDO—Fifty acres of land near the Walt Disney World Resort in Orlando has traded hands. CBRE represented UBS in the sale to an undisclosed New York investment firm. Financial terms of the deal were not revealed.
Located east of Downtown Disney, along Interstate 4 at Meadowcreek Boulevard, the land wraps around the Orlando World Center Marriott Resort golf course. It sits adjacent to the 1,037-unit Sheraton Vistana Resort Villas. Approvals are in place for 1,429 hotel/timeshare units.
Robbie McEwan and Jim Kazaros of CBRE’s Land Services Group in Orlando marketed the site for sale with a global marketing campaign. The duo represented UBS in the disposition.
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