Orlando

Combined NLA 466,438 SF
Combined Carrying Value US$91.5M
Portfolio Weight 6.9%

Properties

Maitland Promenade I & II

485 & 495 N Keller Road Maitland, Florida
Carrying Value US$91.5M
Committed Occupancy 87.7%
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At A Glance

Home to the famed theme park destinations of Walt Disney World, Universal Studios and Islands of Adventure, the city of Orlando consistently lands among the most attractive communities for favorable climate, tourism and business for residents and visitors of all ages. With a history of strong residential identity sustained by the zero state income tax and an unbeatable climate, Orlando’s thriving submarkets continue to drive growth for the abundant first-class businesses that call it home. Just 20 miles north of the city’s entertainment district, Maitland offers an appealing commercial community for growing businesses and corporate decision makers alike in Central Florida.

With a growing population as well as downtown thoroughfares, active arts associations, beautiful lakes and tree-filled parks, it is no wonder why companies frequently choose life in Maitland over the Orlando central business district. Flanked by Winter Park’s high-end community and prestigious universities, companies in search of top talent, quality office space and a well-established market continue to flourish in Maitland.

State Income Tax Zero Enabling continued growth, by maintaining young, educated workers at its core
Largest City in the Southeastern US 6th with a population of 2.13 million
Universities and Education 60% of Maitland residents earn a bachelors degree at a minimum

Growth Metrics

GDP Growth Average
2015-2019(1): U.S. average 2.5%
4.1%
Employment Growth Average
2015-2019(2): U.S. average 1.6%
3.8%
Population Growth Average
2015-2019(3): U.S. average 0.6%
2.3%
  • (1) U.S. Bureau of Economic Analysis
  • (2) U.S. Bureau of Labor Statistics
  • (3) U.S. Census Bureau, Population Division

Quality of Life

Walt Disney World
Jim Houser Azalea Garden
Maitland Ballfield Complex
Universal Studios
Waterskiing
The Florida Mall
Golfing
Kennedy Space Center