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NNN Commercial Real Estate News in Orlando

Orlando, Florida – The NNN Commercial Real Estate information today will surround the Central Florida area. One of the main hobbies or sports in Florida is golf, obviously with the weather. As we have seen many NNN Commercial Real Estate developers design some beautiful golf courses, especially in Palm Beach County, Tampa Bay and the Orlando area. The cable TV channel known as the Golf Channel operates from the Orlando, Florida commercial real estate market.

We would like to report that the Golf Channel is consolidating their Orlando area Offices into a larger net leased property. The Golf Channel will expand their presence in the commercial real estate development known as Sand Lake West Business Park. The commercial real estate development will have a major renovation to make the operator of the Golf Channel more comfortable at the Orlando Office.

There was research that the Golf Channel had looked into various types of commercial real estate for their corporate headquarters. The Golf Channel apparently looked at commercial real estate like hotel properties and golf course resort properties. After searching Florida commercial real estate, they decided on expanding their current position at the Sand Lake West Business Park. The Golf Channel was not thrilled with its corporate business divided between four different buildings. The Golf Channel had a net lease in three buildings in the Sand Lake West Business Park. The Golf Channel also had a net lease property space a couple of miles away at Southpark.

The Golf Channel will have approximately 123,111 square feet at the Commercial Real Estate development, Sand Lake West Business Park. The Golf Channel TV operator does want to pursue developing an employee fitness center and a covered walkway connecting the two buildings of the net leased Commercial Real Estate development.

We also have NNN Commercial Real Estate news on an Outlet retail shopping center. A major Orlando NNN Commercial Real Estate development received financing. This NNN Commercial Real Estate development is known as the International Outlet Shopping Center. Commercial Mortgage Lenders arranged a $4.5 million Commercial Loan for the International Outlet Shopping Center.

The owners of the NNN Commercial Real Estate had a commercial mortgage that was coming due and they wanted to recoup some capital from previous renovations. The Commercial Real Estate Development is approximately 32,399-square-feet and was constructed in the summer of 1985. The net lease property Tenant, Factory Brand Shoes is one if the primary tenants at 5532 International Drive in Orlando, Florida.

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These major metropolitan areas are also fine areas for a 1031 Exchange replacement property.  We recommend NNN Commercial Real Estate Investors use financing specialists from Loanrise.com for CTL Financing, and Commercial Loans.