ORLANDO-Only a little over a month old, locally-based REAL ESTATE CHANNEL CORP. already is planning for national expansion into 25 dominant market areas. The company helps owners of single-family properties sell their assets without a broker.
ORLANDO-The local ONCOR affiliate has brokered eight leases totaling 57,806 sf over the past 30 days. The largest transaction is the 29,918 sf leased by Countrywide Insurance Services Inc. for seven years at The Reserve at Maitland.
ORLANDO-After 20 years of planning, Orlando International Airport is unveiling the 16-gate, $130-million structure Sept. 20. The 318,000-sf terminal will allow OIA to better handle its 30 million passengers annually. Now airport officials are considering adding an international terminal that could serve 40 million passengers a year.
ORLANDO-Post Properties Inc. of Atlanta beats everybody to the draw by spotting the shelter niche two years ago and building 244 units at Post Parkside, all 100% rented.
ORLANDO-The 100-game attraction is part of a $10-million, 40,000-sf restaurant and bar venture under construction at Pointe Orlando, a retail/entertainment theme shopping center in south Orlando. XS Orlando Inc. is the project's operator/developer. The company is owned by Japanese video game maker Namco.
ORLANDO-Harris Paints plans to build an 80,000-sf office and manufacturing facility at an estimated construction cost of $8 million at the 1,350-acre Airport International Park of Orlando. Harris paid $552,000 or $115,000 per acre ($2.64 per sf) for the 4.8-acre, rail-served parcel.
ORLANDO-After years of funding searches and government green-light requests, Central Florida's largest mixed-use venture now faces a ground-breaking deadline or it will lose its state-signed development order.
ORLANDO-Transportation networks and available land are key to all robust commercial real estate growth and North Seminole County currently is ahead of the pack in that infrastructure category, says George D. Livingston Jr., president of Realvest Partners Inc. Livingston tells GlobeSt.com of three potentially-hot corridors ready to blossom and take off over the next 10 years.
ORLANDO-In a bizarre midnight scenario, law enforcement officers in three countries commandeered the vessels after Donaldson, Lufkin & Jenrette filed court papers alleging the 17-year-old Port Canaveral-based operator had defaulted on mortgages held by the New York investment banking firm.
ORLANDO-David Jarrett, a food and beverage department principal at Walt Disney World for 23 years, is bringing in John Clark, the chef at Epcot's Coral Reef restaurant, to handle the kitchen. Clay Townsend, the asset's founder, will be a non-operating minority investor. The value of the transaction wasn't disclosed.