Avanti Way Secures Hoffner Commerce Center in Orlando for $22M
Miami, FL-based Avanti Way Capital has acquired Hoffner Commerce Center, a 94,000-square-foot multi-tenant office building in Orlando, FL for $22 million. The 10.5-acre site is located at 5442 Semoran Boulevard in Orlando, FL.
Marcus & Millichap represented the seller, a private investor under the entity Hoffner Center, LLC; Avanti Way Realty represented Avanti Way Capital
“In addition to its superb location, the property features a resilient tenant base of established medical, financial services, and government occupiers, as well as five acres of vacant land with flexible zoning, allowing multiple opportunities to create additional value for our investors,” said Andres Korda, principal, Avanti Way Capital.
Strategically located minutes from Orlando International Airport, Hoffner Commerce Center benefits from easy access and prominent frontage along the highly traveled South Semoran Boulevard. In addition to the immediate area, the surrounding markets of Lake Nona and Narcoossee have been experiencing significant growth.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.