Scutt el Blog

MarketQwest Orlando - June 24

LandQwest Commercial presents the latest Commercial Real Estate news across Orlando for the week of June 24, 2019.

Biz Digest: A new hotel, Genicon's "E" Star Award for Exports & more

  • Pioneer Chiropractic, 1,812 square feet at 1851 State Road 44 in New Smyrna Beach (LandQwest's Julia Sosa and Galvin Oakesrepresented the landlord, and Lee & AssociatesJeffrey Hallbergrepresented the tenant);
  • Verizon, 1,004 square feet at 8118 W. Highway 192 in Kissimmee (LandQwest's Julia Sosa and Tom Heer represented the landlord); and
  • Sherrill Insurance Brokerage, 905 square feet at 498 Palm Springs Drive in Altamonte Springs (LandQwest's Brian Watsonrepresented the tenant, and Laurel Agency Inc.'s Peter Robinsonrepresented the landlord).

Read the full Orlando Business Journal article here

Island H20 Live! Water Park Celebrates Grand Opening

KISSIMMEE, Fla. — What better way to celebrate the first day of summer than by opening a water park.

Island H2O Live!, the new water park at Margaritaville Resort Orlando, officially celebrated its grand opening on Friday.
Read the full Spectrum News article here

Surfside Inn could spruce up I-Drive and drive down hotel prices

Universal Studios’ Surfside Inn and Suites on International Drive could apply pressure on other hotels to reduce their prices and help spruce up a cluttered stretch of the tourist strip, some experts say.

The 750-room hotel, scheduled to open Thursday, will feature lower prices than the company’s other accommodations in the area..
Read the full Orlando Sentinel article here

Gallery: Take a look inside new Margaritaville Resort Orlando

KISSIMMEE, Fla. — What better way to celebrate the first day of summer than by opening a water park.

The Margaritaville Resort Orlando is one of Central Florida’s newest hotels, opening this spring.  It’s located close to Walt Disney World Resort property in Kissimmee, just off U.S. 192.  Take a look inside here:
Read the full News 96.5 article here

Florida Mall adds stores, including Salt Life and Corpo Bonito

The Florida Mall in Orlando is adding new stores this year, including beachwear shop Salt Life, jeweler Forever Crystals and Brazilian swimwear brand Corpo Bonito.

The mall also is expanding its Adidas store this summer, bringing it to 5,549 square feet, according to a press release.
Read the full Orlando Sentinel article here

University of Central Florida's first on-campus hotel closer to opening

 - The first on-campus hotel at the University of Central Florida is another step closer to opening its doors.

The five-story Celeste Hotel is going up right near the main gate of campus. It’s  A $48 million project that will have 179 rooms and  more than 10,000-square feet of conference and event space.
Read the full Fox 35 article here

Lucky's Market opens new store in Orlando across from Fashion Square mall

Niche grocer Lucky’s Market opened its newest store in Central Florida on Wednesday morning, making it the seventh location in the region.
Read the full Orlando Sentinel article here

Malls must adapt to survive

Retail developers are concentrating on various forms of retail malls across Florida.
The only new enclosed mall on course to open in Florida is The Mall at University Town Center in Sarasota. It features strong anchor tenants Saks Fifth Ave, Dillards and Macys along with 125 other stores and restaurants. 


Read the full CJI USA article here

Developers to build homes on former World War II bombing site in Lake Nona area

The city of Orlando has signed off on paying for an expanded network of roads in the Lake Nona area.

The move will allow developers to build thousands of homes on a former World War II bombing site.

Read the full NBC WESH 2 article here

Cushman & Wakefield Negotiates Sale of 314-Unit Apartment Complex in Orlando

ORLANDO, FLA. — Cushman & Wakefield has arranged the sale of Alta Grande, a 314-unit apartment complex in Orlando that opened in May 2018. Lantower Residential acquired the property and will rebrand it as Lantower Grande Flats. 
Read the full REBusiness Online article here

San Jose's spices up Winter Garden 

The family-owned and -operated restaurant will be holding a grand-opening event for its Winter Garden location toward the end of the month..
Read the full Orange Observer article here

 

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