Regions Southeast | Orlando
June 9, 2008
On behalf of the seller, Downtown Plaza L.L.C., Grubb & Ellis|Commercial Florida negotiated the sale of 5.641 acres of land at Downtown Plaza, 400 N. Orange Avenue in Orlando, Fla. The buyer is 400 North Orange L.L.C., a Delaware limited liability company. The property, located adjacent to the new Lynx Center Transit Terminal and across the street from the Orange County Courthouse, was the last large parcel in the center of downtown Orlando. It has been approved for four towers housing, 907,000 square feet of offices, 76,000 square feet of retail and restaurants, 150 residential condos, 150 hotel rooms, 50 residential and office lofts and a 2,547-vehicle parking garage.
On behalf of the seller, Downtown Plaza L.L.C., Grubb & Ellis|Commercial Florida negotiated the sale of 5.641 acres of land at Downtown Plaza, 400 N. Orange Avenue in Orlando, Fla. The buyer is 400 North Orange L.L.C., a Delaware limited liability company. The property, located adjacent to the new Lynx Center Transit Terminal and across the street from the Orange County Courthouse, was the last large parcel in the center of downtown Orlando. It has been approved for four towers housing, 907,000 square feet of offices, 76,000 square feet of retail and restaurants, 150 residential condos, 150 hotel rooms, 50 residential and office lofts and a 2,547-vehicle parking garage.
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