The Florida League of Cities expects to move from its current space at 125 E. Colonial Drive where it occupies more than 30,000 square feet, according to Orange County records.
The lobbying firm expects to move to 68 S. Ivanhoe Blvd. E. following its purchase of 1.6 vacant acres for $7.5 million on March 16, according to Orange County records.
Orlando-based developer Upshot Capital Advisors LLC's Upshot 68 South Ivanhoe LLC was the seller. Orlando-based Jamison Commercial marketed the property. Orlando-based Foundry Commercial's Gabe De Jesus represented the buyer in the deal.
Upshot Capital Advisors will develop the property into new office space, said Juan Carlos B. Gomez, vice president of legal affairs. No permits have been filed for the property this year, city of Orlando records showed.
"It is still very early in the development process."
Source: OBJ