Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Orlando | Crec | Office Space | Lake Mary
Real Estate

Orlando | Crec | Office Space | Lake Mary

by therealdeal.com posted 2months ago 21 views
The principals of CREC sold a renovated office building in the Orlando area for $10 million, more than double the price the company paid for the property five years ago. The three-story office building had a 47 percent occupancy rate when CREC acquired it in 2013 for $4.3 million. CREC then renovated the property and drove the occupancy rate to 97 percent. Merrill Lynch, Valley National Bank and Hylant Insurance are the biggest tenants. The ... [more]

In this article