Miami, FL-based Avanti Way Capital has acquired Hoffner Commerce Center, a 94,000-square-foot multi-tenant office building in Orlando, FL for $22 million. The 10.5-acre site is located at 5442 Semoran Boulevard in Orlando, FL.
Marcus & Millichap represented the seller, a private investor under the entity Hoffner Center, LLC; Avanti Way Realty represented Avanti Way Capital
“In addition to its superb location, the property features a resilient tenant base of established medical, financial services, and government occupiers, as well as five acres of vacant land with flexible zoning, allowing multiple opportunities to create additional value for our investors,” said Andres Korda, principal, Avanti Way Capital.
Strategically located minutes from Orlando International Airport, Hoffner Commerce Center benefits from easy access and prominent frontage along the highly traveled South Semoran Boulevard. In addition to the immediate area, the surrounding markets of Lake Nona and Narcoossee have been experiencing significant growth.
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