xcellent i the galaxy building€¦ · the galaxy building is only 6 miles south of downtown...
TRANSCRIPT
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
THE GALAXY BUILDINGExcEllEnt InvEstmEnt OpOrtunIty
6000 S Rio GRande ave. oRlando, Fl 32809
8.00% CAP RATE
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
PROPERTY SNAPSHOTNET INCOME ANALYSISLOCATION OVERVIEWPROPERTY PHOTOSSITE PLANTENANT LINE-UPMARKET AREACONTACT INFORMATION
Table of ConTenT s
F O R M O R E I N F O R M A T I O N , C O N T A C T :
VanWald & Associates LLC • 6000 Metrowest BLVD, STE 101, Orlando, FL 32835& A S S O C I A T E S
COSTEL VANATORULic. Real Estate [email protected]
DisclaimerThis Offering Memorandum is provided by Vanwald and Associates, solely for your consideration of the opportunity to purchase the commercial property described herein. This Offering Memorandum may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of Vanwald and Associates.
This Offering Memorandum does not constitute or pertain to an offer of a security or an offer of any investment contract. It contains descriptive materials, financial information and other data compiled by Vanwald and Associates for the convenience of parties who may be interested in the subject property.
The information contained is not all inclusive and is not represented to include all information that may be material to an evaluation of the acquisition opportunity presented. Vanwald and Associates has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to the actual documents and/or financial statements, which upon request may be made available.
An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon Vanwald and Associates.
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
THE GALAXY BUILDING
ProPer T y sn aPsho T
PROPERTY SNAPSHOT
Property THE GALAXY BUILDING
Address 6000 S Rio Grande Ave
City/State/Zip Orlando, FL 32809
County Orange
Type Office Building
Floors Two
Total SF 25,676 SF +/-
Leasable 21,000 SF +/
Tenancy Multiple
Occupancy 100%
Lot Size 1.49 AC +/-
Parking Ample Parking Available
Year Built 1987 (Remodeled 2017)
Remodeled 2016-2017
Roof 2014
Exterior Wall Concrete Block
PID 22-23-29-6348-03-000
Zoning IND-2/IND-3
Land Use 1800 - Multi Story Office Building
Purchase Price $3,399,000
NEW Price $3,250,000
Cap Rate 7.65%
NEW Cap Rate 8.00%
NOI $260,204
Price/SF $131.00
Vanwald & Associates is pleased to present the opportunity to acquire The Galaxy Building, located at 6000 S Rio Grande AVE, in Orlando, Florida.
100% LEASED √The property is 100% leased, with a great mix of
established Tenants. (See Tenant Line-up)
NEWLY REMODELED √The property has been remodeled recently to include
wood tile all throughout the main areas, remodeled bathrooms and Tenant suites. The roof was replaced in 2014, and most HVAC units have been replaced with new, high seer energy efficient ones.
ATTRACTIVE ARCHITECTURE √The building features a very attractive and timeless
architecture,with lots of windows in the tenant’s suites and common areas. This, along with the central location should serve as a catalyst in retaining the existing tenants and procuring new ones in the future.
STRATEGIC LOCATION √The Subject is situated in the heart of Orlando, with
easy access to major thoroughfares, like Interstate 4, The 528 Beechline Connector, The Florida Turnpike, as well as other landmarks further described in the package.
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
Property NameLocation 70% <<------ Enter % FinancedType of PropertySize of Property 25,676 (sf/Units)
Purpose of Analysis
Estimated atLand Balance Periodic Payment Pmts/YR. Interest Amort. PeriodImprovements 1st 2,275,000.00$ 12,324.54$ 12 4.25% 25 YearsPersonal PropertyTotal
66,666.67$ Yearly for 39 years (g/39)23,333.33$ 35% tax bracket
ALL FIGURES ARE ANNUAL
260,205.00$ YEARLY RENT 147,894.48$
260,205.00$ 52,216.34$ Year One147,894.48$ 23,333.33$ 112,310.52$ 187,860.19$
11.52% 19.27%
66,666.67$ 45,643.85$
2017 2018 2019 2020 2021260,205.00$ 268,011.15$ 276,051.48$ 284,333.03$ 292,863.02$
8.0% 8.2% 8.5% 8.7% 9.0%
147,894.48$ 147,894.48$ 147,894.48$ 147,894.48$ 147,894.48$ 112,310.52$ 120,116.67$ 128,157.00$ 136,438.55$ 144,968.54$
11.52% 12.32% 13.14% 13.99% 14.87%
66,666.67$ 66,666.67$ 66,666.67$ 66,666.67$ 66,666.67$ 45,643.85$ 53,450.00$ 61,490.34$ 69,771.88$ 78,301.87$
260,205.00$ 268,011.15$ 276,051.48$ 284,333.03$ 292,863.02$ 147,894.48$ 147,894.48$ 147,894.48$ 147,894.48$ 147,894.48$
52,216.34$ 54,479.28$ 56,840.29$ 59,303.61$ 61,873.70$ 23,333.33$ 23,333.33$ 23,333.33$ 63,762.31$ 63,762.31$
187,860.19$ 197,929.28$ 208,330.63$ 259,504.47$ 270,604.55$ 19.27% 20.30% 21.37% 26.62% 27.75%
* Depreciation and Tax and/or income Savings: Depreciation was estimated by dviding the estimated value of improvements (80% of purchase price) by 39 years. This is an estimate only and should not be interpreted as tax advice or a guarantee. For income tax or capital gains tax purposes, real estate property owners are urged to get professional tax advice from a reliable licensed source.** Annual Debt Service, Monthly Loan Payments, Interest Payments, Pricipal Reductions and any other loan related amounts are for illustration purposes only, and were calculated and obtained using Karl's mortgage calculator at https://www.drcalculator.com/mortgage/. *** Proforma projection was calculated using a 3% yearly increase in rental rates, and a 1.5% yearly increase in expenses. Information contained in this material is not guaranteed and should be independently verified.
NET OPERATING INCOME
Less: Annual Debt Service**NET INCOME after Debt Srv.
Cash on Cash Return
Property Cash FlowRate of Return
NET INCOME ANALYSIS
Estimated Depreciation*
Estimated Income Savings*
Less: Depreciation (Savings)*Taxable Income*
Net Income after debt serviceCash on Cash Return
Less: Depreciation (Savings)*
Taxable Income*
Plus: Estimated Tax Savings
TOTAL RETURN ON INVESTMENT, FIVE YEARS***Net Income
Less: Annual Debt ServicePlus: Principal Reduction
2,600,000.00$
3,250,000.00$
Less: Debt Service
ROINet Income
Less: Annual Debt Service**Plus: Principal Reduction**
Plus: Estimated Tax Savings*TOTAL RETURN ON INVESTMENT
ROI
FIVE YEAR NET INCOME PROFORMA***
Net Operating Income
(actual amount may be different for each individual)
<< --- Takes into account tax savings from depreciation, net income, as well as principal reduction (equity).
Cap Rate
-$
Cap Rate
PROPERTY NET INCOME ANALYSIS
THE GALAXY BUILDING 3,250,000.00$ 6000 S RIO GRANDE AVE, ORLANDO, FL 32809 2,275,000.00$ Office/Investment 975,000.00$
Purchase PriceLess MortgagesInitial Investment
8.01%
650,000.00$
neT InCoMe analysIs
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
SUPERIOR LOCATION
The Galaxy Building benefits from a central location, surrounded by many other well known institutions, like The Orlando Health Department, The Sanford-Brown College, American College for Medical Carriers, Westgate Resorts, and more.
The Galaxy Building is only 6 miles south of Downtown Orlando, featuring excellent access to John Young Parkway, Orange Blossom Trail, Florida’s Turnpike, SR 528, Interstate-4, and the Orlando International Airport. The Florida Mall is 2.5 miles away. The location will serve as a significant catalyst in retaining current tenants, and acquiring new ones in the future.
With the Property’s unique location within Central Orlando and it being accessible by multiple major thoroughfares, the Property is ripe for an opportunity to meet the demands of savy investors looking for a steady net income stream.
loC aT Ion overv Iew
• Downtown Orlando: 6 miles
• Florida Mall: 2.5 miles
• I-4: 3.4 miles
• Florida Turnpike: 5.7 miles
• 528 Beechline: 5.7 miles
• Mall of Millenia: 3 miles
• Orlando International Airport: 8.3 milesGoogle Maps
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
16 minutes to Down Town Orlando
9 minutes to The Florida Mall21 minutes to The Orlando International Airport
9 minuts to The Florida Turnpike and 528 Expressway12 minutes to Interstate 4, and 10 minutes to Mall at Millenia
loC aT Ion overv Iew
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
ProPer T y Pho T os
Porte Cochère
Front View
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
ProPer T y Pho T os
100% LEASED
1st FlOOr
2nd FlOOr
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
sITe Pl an
First Floor Suite Tenant Square Feet +/- Lease Term(mo) Lease Commencement Initial Term End Date Lease Type
101 Sarai Services Group 1,694 60 09/01/2017 08/30/2022 NNN
102 Pan American Health 2,100 52 04/01/2014 07/31/2018 MG
103 Elipsis Engineering 2,135 14 2/15/2017 04/14/2018 NNN
104 Empire Network Realty 1,562 74 06/01/2014 07/31/2020 NNN
Second Floor Suite Tenant Square Feet +/- Lease Term Lease Commencement Initial Term Date Lease Type
202 Sarai Services Group 4,693 61 3/22/2017 04/31/2022 NNN
202A Construct Corps 1,360 36 04/01/2017 03/31/2020 NNN
202B Minder Home Care 862 60 03/01/2017 02/28/2022 NNN
205 Sarai Services Group 1,007 60 01/15/2018 01/31/2023 NNN
207 America’s Escape Game 5,624 36 02/01/2018 01/31/2021 NNN
SUITE 101
SUITE 102
SUITE 104
SUITE 103
SUITE 202
SUITE 202B
SUITE 202A
SUITE 204
SUITE 205 SUITE
206
SUITE 207
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
ProPer T y Pho T os
EXTERIOR FRONT
AERIAL VIEW
EXTERIOR FRONT PORT-COCHERE
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
Ten anT l Ine -UP
FACILITY MANAGEMENTSarai Services Group, Inc. is proud to continue it's support of the US Government by managing Facilities that are both large, complex, and widely dispersed. Our buildings under management combined are more than 1,000,000 SQ Ft. and include historical and other special requirement properties.
PROGRAM MANAGEMENTOur highly skilled and cross functional professionals provide a range of services to manage programs, schedules and key program metrics. SSG, Inc. has developed management techniques and control mechanisms to assist our clients throughout the acquisition life cycle process. Our efforts assist our clients in achieving performance objectives, providing quality assurance processes, promoting timely delivery of requirements, and ensuring predictable cost and accuracy:
Program Operations Support Contract Management Contract Close Out Systems Engineering Support Support and Sustainability Budget Planning & Execution
TELEPORT & DATA CENTER SERVICESSarai Services Group, Inc. offers the only teleport in Alabama and the only secured teleport in a five state area with access to a 10 TB bandwidth backbone, offsite redundancies, in house data center, and iDirect, Ku Band, and C Band capabilities. Our data center operates in a fully HEPA filtered and clean environmentwith full temperature control and ample space for expansion with 12 current racks and room for more than 50 more. All supported by our 24x7 monitored helpdesk and NOC.
CYBER SECURITYAt the forefront of technology SSG, Inc. specializes i both red team reviews, SANS Institute 20 Critical Security Control implementations, and long term cyber security planning and sustainment for mission critical customers.
LOGISTICS SUPPORT & SUSTAINMENTWe team with clients and professionals to provide a myriad of logistic solutions to effectively and efficiently meet program and delivery requirements. SSG, Inc. has expertise and experience in logistics ranging from small acquisition programs to global supply and transportation efforts: Integrated Logistics Management (ILS) Performance Based Logistics Life Cycle Logistics Management Design for Maintainability and Reliability Prognostics and Diagnostics Theatre Support Basic Logistic Training Leadership Based Training Web Based Training
HELPDESK SUPPORTSarai Services Group, Inc. teams with partners large and small to provide a comprehensive list of personnel offering a wide breadth of certifications and subject matter expertise on a 24 x 7 helpdesk that provides remote support, cyber security intrusion monitoring, and Tier 1 support.
SARAI SERVICES GROUP Inc.CORE COMPETENCIES:►Sarai Services Group, Inc., provides Tele/Port-Satellite Communications
►Program Management, Life Cycle Logistics, Information Technology-Data Center.
►Owns 8 0,000 square feet of office, fabrication (electrostatic, assembly, test), data center and warehousing space sitting on 13 acres in Huntsville, Alabama. SSG is certified Hubzone and SDVOSB. ►130 years of experience on Missile/Aerospace systems ►Tele/Port-Satellite Communications, K band and C band►IT-Data Center, Networking (Fiber Optics10 Terabytes) ►C4ISR Systems Integration and Systems Engineering►Logistics and Program Management ►Facilities Support►Training and Course Development ►Fabrication, Electrostatic Assembly and Test
NAICS: ►517410 Satellite Telecommunications►541330 Engineering Services►561210 Facilities Support Services►541513 Computer Facilities Management►541614 Process Physical Distribution and Logistics►611430 Professional and Management Development Training ►541511 Custom Computer Programming Services ►541611 Administrative and General Management Consulting
PAST PERFOMANCE►Cruise Missile Defense Systems (Pm Cmds) ►Pm Army Contract Writing System (Pmacws)►Pm Robotics And Unmanned Sensors (Pmrus) ►Cruise Missile Elevated Netted Sensor Sys (Jlens)►Pm Radars (Cram), Acc Apg-Natick►Apache Longbow, F-22, Orion Space Craft►Acc Apg-Natick►Department Of Veterans Affairs And Labor ►Saic, Engineering Solutions & Products, Intuitive
DIFFERENTIATORS►Managed Muti-Billion $ Programs►Owns Hi-Tech Infastruture And Facilities►Managed Dod Mission Critical Systems►Hubzone, Sdvosb Certifiied►Excellent Performance Evaluations►Pool Of Hr Resources-High Tech And Blue Collar►Level Iii Program Management Cert►Level Iii Contract Management Cert►Bpa Army Eagle Contract Vehicle
CERTIFICATIONS ►SDVOSB►HUBZone
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
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Welcome to Empire Network Realty "ENR", ENR is a well connected firm with powerful and influential global clients. ENR is the only luxury firm in
the region whose agents keep 100% of their commission.
Empire is the home to many top producers whom keep all their commis-sions, not 95%, 80%, 70% or 50%, they keep 100%! Join over 275+
agents that have made the change. Come join us and start earning more! Empire has part time, full time agents and everything between.
CONSTRUCTION STAFFING DONE RIGHT™
Not all staffing companies are the same.
Construction Staffing Done Right™ is a philosophy that combines integrity and open, honest communication with robust capabilities and processes. It’s not just a slogan, it’s how we operate. The results are a high worker success rate, satisfied clients, and the opportunity to engage with an energized team committed to your partnership.
5 Reasons We’re Different:
-Centralized recruiting operations make it possible to for you to receive the same high level of service – no matter where your business takes you-Flexible staffing options to fit your needs: temporary staffing, temp-to-perm, or direct hire-We have a proven track record of placing highly skilled candidates with leading contractors across the nation-Extensive construction industry experience-Well-developed network of construction industry leaders and an abundant database of skilled workers and professionals-Offering superior service since 2000, Construct Corps is a skilled trades construction staffing company, providing qualified workers to commercial, industrial, and residential contractors.
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
SAWGRASS MILLS • SUNSRISE • FT. LAUDERDALE • OXFORD • TAMPA• MYRTLE BEACH • ORLANDO
America’s Escape GameInternational Corporate CenterAmerica’s Escape Game America’s Escape Game is located in the heart of International Drive in Orlando Florida. AEG has served more than 75,000 customers in 2016, and is the worldwide leader in high quality immersive escape games.
The approximately 5,000 SF (soon to grow to 10,000 SF) flagship store is located on world famous International Drive, in Orlando, FL.
America’s Escape Game is scheduled to open their second corporate store near the Sawgrass Mall, in Sunrise, Florida in December of 2016, and is currently working on new 2017 locations in Myrtle Beach and Charlotte.
The Orlando Business Journal recognized America’s Escape Game as being number 17 in revenue on Orlando’s Top Attractions
List, only behind large household names, like Disney, Universal, Seaworld, and Wet and Wild, to name a few.
Corporations are finding that Escape Rooms are great for team building and events. With demand for this type of immersive entertaining rapidly increasing, AEG is
leasing the subject location to serve as their National Center.
America’s Escape Game, the global leader in the exploding escape game marketplace, is proud to announce a new partnership with MarrIoTT vaCaTIons worldwIde and vIsTana sIgnaTUre exPerIenCes.
This exciting new relationship between America’s Escape Game, Marriott Vacations Worldwide and Vistana Signature Experiences will bring the best escape game experiences available today to the finest resorts, in many of the world’s most popular destinations. This unique offering will allow the guest to enjoy a world-class escape game experience without leaving the comfort of their resort.
International Drive Store, Orlando
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
PROJECT INFORMATION
Elipsis Engineering & Consulting, LLC (EEC) has experience providing services both as Prime and Subconsultant. EEC is counted on to provide uncomparable service in a technically competent, quality, effective and proactive manner and always follows through.
EEC has the privilege of being the Prime Consultant to the Florida Department of Transportation’s Fifth District for multiple contracts to include the CEI 112 grouping which entailed providing all of support services required for the stimulus projects throughout Central Florida, CEI 130 grouping which consists of providing the FDOT Orlando and Oviedo Operations offices with inspection staff, as well as a Districtwide Materials & Research contract. Elipsis also has a continuing services contract with the City of Winter Garden for Materials Testing and Geotechnical services.
EEC has had the privilege to work on some of Central Florida’s largest history making projects that include Sunrail, Wekiva Parkway, and I-4 Ultimate, which are laying the foundation for continued growth in this area. EEC also had the privilege of working on the Central Florida Intermodal Logistics Center facility in Winter Haven, which serves as a centralized hub for transportation, logistics, and distribution serving Orlando, Tampa, and South Florida. This 318 acre intermodal terminal is surrounded by 930 acres and features five 3,000 foot loading tracks and two 10,000 foot arrival and departure tracks.
FDOT District 5 CEI 112
This contract was the direct result of the American Recovery Reinvestment Act of 2009 (ARRA). The projects under this contract required hybrid CEI (Construction Engineering Inspection) services. EEC’s team is responsible for providing CEI Inspection, CEI Support, CEI Geotechnical Services, Materials Lab Testing, Asphalt Plant Inspection and QA Inspection for LAP projects. The Scope of Work includes CEI and Geotechnical and Materials and Testing.
The projects included in the CEI 112 Grouping include:
I-95 from S of SR 514 (Malabar) to Palm Bay Rd., Brevard CountySR 35 (Baseline Rd.) from South of CR 464 (Maricamp Rd.) to SR 40, Marion CountySR 50 from Avalon Rd. to SR 429 (Western Beltway), Orange CountySR 434 from SR 414 (Maitland Blvd.) to Lotus Landing Blvd, Seminole CountyUS 27/SR 25 from north of Lake Louisa Road, to Cluster Oak Drive, Lake CountyLocal Agency Program (LAP) QA Inspection & Compliance Monitoring, District WideI-4/SR 408 Interchange
Elipsis is proud to have been a part of the CEI team providing drilled shaft inspection services on the drilled shaft foundation construction for the future ramp B bridge at the I-4/SR 408 interchange project. This $2.3 million project consisted of the installation of drilled shafts with a depth of over 100 feet. This is one of the deepest drilled shaft installation projects in FDOT District 5 to date.
Other PrOjects
Jones Ave. & Sixth StreetEvans High School1109 Windsong RoadSeminole High SchoolElementary School KAqua at MilleniaLockhart Middle SchoolPalm Lake Elementary SchoolNarcoossee Road Improvement ProjectsTOHO Water Authority Admin Bldg
New Off Ramp Opens on Westbound SR 528 at Innovation WayCENTRAL FLORIDA EXPRESSWAY AUTHORITY - MONDAY, JULY 17, 2017
A new off ramp opened from westbound State Road 528 (Martin B. Andersen Beachline Expressway) to Innovation Way in east Orange County on Tuesday, July 11, following morning rush hour. This toll ramp will take the place of the old International Corporate Park Boulevard toll ramp (Exit 20), which closed the same day.
The new ramp is part of the SR 528/Innovation Way Interchange project. Once open, this new ramp will allow drivers to exit westbound SR 528 to Innovation Way, where they can either take a left and go over a brand new overpass bridge to Sunbridge Parkway, then connect drivers to Aerospace Parkway or International Corporate Park Boulevard; or they can take a right on Innovation Way, which leads to Alafaya Trail.
This $62.5 million project began in July 2016 and is expected to be complete early next year.
Orange County Magic Recreation Center at South Econ TrailSeminole County Jail ExpansionMartin Federal Credit UnionMaitland Middle SchooPolk County Safety ComplexOrmond Beach Middle SchoolDebary Elementary SchoolFire Station No. 1, City of Orlando
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COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
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Minder Homecare is dedicated to the provision of quality home health care services that improve our clients’ way of life at home and offers peace of mind to their family members. We seek to offer our patients effective care solutions to the various health challenges they’re facing and help them regain their independence in the process. Living life with a serious health condition is far from ideal and it affects the different aspects of a person’s life. We believe in delaying the institutionalization of an individual suffering from these conditions as much as possible. Our services help ensure that they’re able to recover to their full health at home and nowhere else. This is something we want for all our clients and the people who care about them.
There is something about being able to recover at home that makes everything better. When our clients get the ideal, personalized care they require in the environment where they feel most at ease, the recovery process becomes quicker and lot more comfortable. Our goal is to provide our patients with exceptional services that
effectively manage their health care and greatly improve their quality of life. We believe that one’s health condition should not be a barrier to anything that he or she wishes to accomplish. Whatever healthcare expertise required, we are able to offer it in the comforts of an individual’s own home.
Our dedicated and highly trained professionals are experts in the various fields of home health care. They are committed to providing the highest quality care to clients in their very own homes and improving their lives in all the ways that matter. The combination of their skills and superior service is what makes our agency one of the most dependable and widely recognized home health care providers in Orlando, Florida
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
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COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
MarkeT areaOrlando is on the rise — both literally and figuratively. Look around the region and you’ll find new developments popping up all over from brand new venues to the upcoming Florida Advanced Manufacturing Research Center to Lake Nona Medical City and Health Village to Creative Village.
► Orlando was named #1 in the U.S. for job growth in 2015. // U.S. Department of Labor, Bureau of Labor Statistics, 2016► The Orlando-Kissimmee-Sanford metro area ranks #56 in the U.S. as “Best Performing Cities.” // Milken Institute, 2015
Major international companies have a presence in Orlando. Walt Disney Company, Lockheed Martin, Siemens Energy, Mitsubishi-Hitachi Power Systems, L-3 Communications, Science Applications International Corporation (SAIC), Electronic Arts, Northrop Grumman, Darden Restaurants, Verizon Communications, Tupperware Brands Corp., American Automobile Association (AAA), Ruth’s Chris Steak House, Deloitte and more. Orlando is also home to the U.S. operations of Germany’s Siemens Energy, Japan’s Mitsubishi Hitachi Power Systems, Spain’s Indra System, Australia’s Adacel to name a few. In total, more than 150 international companies, representing about 20 countries, have facilities in Orlando.► Orlando is a top “American City of the Future.” // fDi Magazine, 2015
Orlando is a top location for entrepreneurs. The region has a long history of entrepreneurial activity and is home to unique resources such as the National Entrepreneur Center (one of only two such centers in the nation), the University of Central Florida Business Incubation Program (ranked as one of the top incubators in the nation) and Rollins College Center for Advanced Entrepreneurship that help keep this community among top locations for innovative companies and entrepreneurs. In addition, there are co-working spaces were startups can find flexible workspace options and access to civic, business, and educational organizations.
► Orlando highlighted as a hot spot for job growth in companies with less than 100 employees. // Inc. Magazine
The City of Orlando is an international business center.
A bustling downtown draws businesses of all types and is especially strong in its ability to attract corporate headquarters. Some of those that have selected downtown Orlando include BBA Aviation, Signature Flight Services, CuraScript and Indra Systems, Inc.
The city's potential has only begun to be realized. Numerous major multi-use commercial projects are on the drawing board. An unprecedented level of office development is planned for downtown Orlando. All told, more than one million additional square feet of construction has been announced for the downtown business district. But, downtown Orlando is more than just business. Ten public and private secondary schools, all noted for excellence and innovative teaching, bring schoolchildren of all socio-economic realms into our downtown on a daily basis.
Downtown is also alive with higher education. In addition to its downtown center that specializes in continuing education, the University of Central Florida’s Interactive Entertainment Academy’s (FIEA) state-of-the-art facilities and faculty train graduate-level game developers on an innovative campus once housed the City’s local expo center. UCF is also planning an expanded downtown campus to enhance educational opportunities for students which will further energize downtown.
Florida A&M’s Law School opened in downtown Orlando in fall 2002. Florida State University’s Medical School has a regional campus in Delaney Park, just south of downtown, where third and fourth year medical students complete their training through involvement with two of the nation’s largest healthcare systems, both of which are also located in downtown Orlando. Valencia College also has a downtown Orlando campus.
With Near 66 million yearly visitors in 2015, Orlando benefits from a $50 billion tourism industry.According to the 2014 U.S. Census data, the Orlando Region outpaced about 99 of U.S.’s most heavily populated Metropolitan Areas
Tourism — and the tax revenue generated from it — enables substantial infrastructure investment that further enhances the quality of life. The region provides a rich lifestyle for residents through cultural opportunities, arts, fashion, music, amateur and professional sports, favorable weather and abundant recreational activities. From a brand new Performing Arts Center to a renovated Camping World Stadium to the upcoming MLS stadium, Orlando is also home to the Amway Center, named among the nation’s top sports venues.
► Orlando is the 6th best city for recreation. // WalletHub, 2015 ► Orlando is America’s best running city. // Vitals, 2015
Lake Eola, Orlando
OrlandO Is rEcOgnIzEd by FOrbEs as bEIng thE sEcOnd FastEst grOwIng cIty In amErIca
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
From the Orlando Business Journal:http://www.bizjournals.com/orlando/news/2016/01/22/metro-orlando-s-unemployment-rate-dips-again-in.html
ORLANDO
APOPKA
OCOEE
BAY LAKE
MAITLAND
WINTER GARDEN
WINTER PARK
BELLE ISLE
OAKLAND
WINDERMERE
LAKE BUENA VISTA
EDGEWOOD
EATONVILLE
ORANGE COUNTY
LegendCity/County Boundary
Interstate
US Highway
State and County
ORLANDO
Orlando Economic Development Commission // 301 E. Pine Street, Suite 900 // Orlando, FL 32801 // P/ 407.422.7159 // orlandoedc.com
LAKE
ORANGE
SEMINOLE
OSCEOLA
Orlando MSA
MarkeT area
dIversIfIed growTh Is The hallMark of orange CoUnTy.Orange County is the region's most populous county and includes the City of Orlando, as well as twelve other incorporated cities. The county sits in the approximate center of the state, midway between Jacksonville and Miami. The St. Petersburg-Tampa area on the Gulf of Mexico and Daytona Beach on the Atlantic Ocean are easy drives. Two of the state's major highways, Interstate 4 (east-west) and the Florida Turnpike (north-south), intersect just outside Orlando.
Orange County is home to the second largest university in the nation (one of the top research universities), one of the top ten research parks in the country, one of only two National Entrepreneur Centers, a world-class international airport and an all new Medical City which includes the UCF College of Medicine that opened in 2009.
The county government guarantees fast-track permitting and actively seeks new contract vendors.
COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
F O R M O R E I N F O R M A T I O N , C O N T A C T :
VanWald & Associates LLC • 6000 Metrowest BLVD, STE 101, Orlando, FL 32835& A S S O C I A T E S
COSTEL VANATORULic. Real Estate [email protected]
ConTaCT InforMaT Ion