Regions Southeast | Orlando
Orlando Hotel Sold
May 7, 2008

The 507-room Holiday Inn SunSpree Resort has just been snapped up by Vista Hospitality Co.  according to the Orlando Business Journal. The property, located on State Road 535 just a stone's throw from Walt Disney World, had been owned by Wells Fargo since 2001 when the bank took over the 256,000-square-foot property from LBVKS Management Co. It was in 1998 that LBVKS purchased SunSpree for $45.6 million.


 
Recent Orlando Headlines
Orlando Industrial Property Sold
Delta Properties Intl. L.L.C. has acquired the industrial facility at 1815 Cypress Lake Drive in Orlando, Fla., from LDL Holdings Florida L.L.C.
HFF Handles Over $200M in Florida Deals for Flagler
Flagler Development Group of Coral Gables, Fla., has made more than $200 million in office and industrial space acquisitions recently, including the purchase of two Orlando office properties for a total of $92.5 million.
Marriott Breaks Ground on Orlando Timeshare
Marriott Vacation Club International, the vacation ownership division of Marriott International Inc., broke ground yesterday on Marriott’s Lakeshore Reserve at Grande Lakes in Orlando, Fla.
Office and Industrial Markets Take a Hit in Q2
According to reports by Cushman & Wakefield, the office and industrial markets in Metropolitan Orlando did not fare very well in the second quarter.
Orlando's First Nordstrom Rack to Anchor New 100,000SF Shopping Center
Millennia Crossing, a 100,000-square-foot shopping center scheduled to debut in Orlando, Fla. next spring, will become the home of the city's first Nordstrom Rack and the State of Florida's second such store.