completed projects
OUR PERFORMANCE
jaffa drive warehouse
We continued to manage the property management and leasing after the sale and participated in a joint sale of our neighboring sister property 2020. We currently provide leasing services for this property.
31,570 SF Flex Warehouse
Purchased 2016 Bank Owned distressed
Sold 2017
Occupancy at Acquisition 35%
Occupancy at Sale 100%
Investor Return 116%
jaffa drive Expansion
Located next to the original Jaffa Drive this corner lot was primed for development. Exchange Place purchased the land, designed, planned and built the development in 10 months. As a boutique developer we zoned in on the lack of transitional store front for the warehouses in the area and the lack of ease for large vehicles to enter. We sold this property in a joint sale with the first Jaffa Drive warehouse and continue to manage the leasing for this property.
31,570 SF Flex Warehouse
Development 2.2 acres
Purchased Land May 2017
Opened January 2018
Sold June 2020
Occupancy at Opening 55%
Occupancy at Sale 95%
Investor Return 165%
SMITH FARM HOUSE
The entry cost to the land was above the market however in an upward area, Winter Garden, with the civil infrastructure existing (parking lot, retention and entitlements) as a developer the higher land cost was balanced with the existing benefits.
8,184 SF Office
Development
Purchased February 2019
Broke Ground March 2019
Opened August 2019
Occupancy at Opening 100%
Investor Equity 40%
STARCHILD
PROPERTY
The investor return looks out of this world, however, this was a 9-years of development. Challenged with a lot split, wetland mitigation increasing the west portion of the property from 3 acres to 5 acres, right away take land widening, relocation of energy infrastructure and design-build services for StarChild Academy. Retaining the existing eastern building allowed the developer to retain lease income from the project for 9 years.
25,000 SF Warehouse/Retail/School
Purchased Land (with existing warehouse/retail building) 2003
Leased back the building to the original owner for 3 years
Lot Split the Land 2005
Sold the western section of the land and developed the school in 2007
10,000 SF School
Sold the remaining land and building 2012 to StarChild
Investor Return 545%
The bowling alley
Exchange Place is ready and willing to redevelop this property in concert with the City of Winter Garden’s massive redevelopment of Dillard Street. The City’s proposed plan will bring beauty, street parking, and cohesion to the area.
18,000 SF C2 Recreational
Future Redevelopment
Purchased 2018
Bank Owned Purchase
Tenant in place at time of purchase and currently
td bank building
Purchased from an insurance company with the anchor tenant, TD Bank, at the time of purchase had not renewed. After the closing TD Bank renewed 5 years and since then has renewed again. The building’s interior was updated at purchase. Exchange Place offices in this building, handles the property management and leasing. Investor gains have doubled, all of the investors initial investment was returned and within 2 years of acquisition and distribution of 50% was achieved.
28,800 SF Office
Purchased 2014
Occupancy at Purchase 50%
Current Occupancy 100%
Investor Return 200%
the district
Located in a booming area, Winter Garden, this run down daycare was primed for redevelopment. The building was taken down to its shell and redeveloped into professional office space, leased long term, for StateFarm Insurance and a retail location for Betty J’s Florist.
3,300 SF Office/Retail
Redevelopment
Purchased April 2020
Opened October 2020
Occupancy at Opening 100%
Investor Equity 26%
trailside
Trailside was a bank distressed property the opportunity came about suddenly and hard money was needed to close in 30 days. The property was refinanced 1 year later repaying all the investor’s capital at that time. Exchange Place has retained property management and leasing.
38,611SF Office/Retail
Purchased 2012
Occupancy at Purchase 20%
Occupancy at Sale 100%
Investor Return 210%
