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June 2013 Archives

Universal Orlando buys 52 acres of Wet 'n Wild land

Much of Orlando is abuzz over Universal Orlando's recent purchase of nearly 52 acres around the Wet 'n Wild theme park, just across the interstate from Universal's signature properties. The purchase is believed to have cost in the neighborhood of $31 million.

Commercial real estate along Park Avenue 100 percent leased

Commercial real estate developers in Orlando were dealt a significant blow by the Great Recession. It certainly seemed like one minute, space was being leased or sold as soon as it could be built or turned over and the next, empty storefronts and "For Lease" signs stretched out as far as they eye could see.

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