For many Orlando business owners, the decision to seek commercial real estate can have long-lasting effects on a business. One of the most crucial decisions is one of the first that has to be made: rent, or buy?
Orlando's best-known piece of real estate celebrates milestone
For Central Florida residents born in the last four decades, it may seem as though one of the defining features of our area has always been there. Walt Disney World's Magic Kingdom opened 42 years ago this month, several years after Disney himself announced the park would be built. Disney didn't live long enough to see the park get built, but his brainchild ended up being a spark that ignited Orlando as a worldwide tourist destination.
Commercial real estate purchases show rebounding Florida economy
When the recession hit Florida, economists scrambled to give companies a heads-up on what the future would hold for business in the their area. Unfortunately, many businesses were hit hard and residents across the state watched Florida's economy begin to dwindle. But by just looking at recent commercial real estate purchases in Southwest Florida, readers of our blog may be able to see that our state's economy is rebounding in a healthy way.
Chase Plaza's top floors sold after property tax woes
Commercial real estate in Orlando has had its ebbs and flows. Properties that are sometimes well-known in the area for having large property tax bills can sometimes turn around and become destination addresses again. One such property in our area is the Chase Plaza complex. A company called Solar Blue once resided on the top three floors of the south tower until it sold the property in 2006 for $6.5 million.
Orange County Mayor has change of heart on soccer stadium
In something close to an about-face, Orange County Mayor Teresa Jacosb sent a letter to Major League Soccer ownership and said she'd "fast-track" a proposal for a soccer stadium in downtown Orlando, it was learned on Friday.
