jaffa drive warehouse
31,570 SF Flex Warehouse
Purchased in 2016, this bank-owned asset was primed for redevelopment.
We continued to manage the property management and leasing after the sale and participated in a joint sale of our neighboring sister property 2020.
25,000 SF Warehouse/Retail/School
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.
SMITH FARM HOUSE
8,184 SF Office
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.
3,300 SF Office/Retail
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.
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
Bank Owned Purchase
Tenant in place at time of purchase and currently
td bank building
28,800 SF Office
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.
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.