ORLANDO—A key property in Orlando's tourist corridor has traded hands. Eden Springs Development LLC sold a 64-acre plot of vacant land on Turkey Lake Road, fronting Interstate 4, just north of Dr. P. Phillips Hospital.
CBRE represented Eden in the sale. The new owners contracted with CBRE to market the outparcels and development parcels on the site. Financial terms of the deal were not disclosed.
The property, known as Eden Springs, is suitable for retail, restaurant, hotel, office, multifamily, and condominium development in one of Orlando's most popular tourist corridors. Eden Springs is located in an area that CBRE Research predicts will see a 7.24% percent population growth rate between 2010 and 2018.
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