Developer purchases central Orlando office park for redevelopment

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orlando central business park
46-acre Orlando Central office park (Photo: Business Wire)

G&C OC Investors LLC, a related entity of Grover Corlew of Florida LLC, has purchased the 21-parcel Orlando Central Office Park for $50 million from New York, New York-based DRA CRT Orlando Central Center LLC.

“This is a landmark property and an exceptional investment opportunity for us,” partner Anuj Grover said in a prepared statement. According to a news release, the project has “prime redevelopment potential” on the 46-acre site.

“Orlando Central’s submarket is undergoing a transformation as sites are being redeveloped in the immediate area. We are looking at improvements to the property in the short term with an eye on redevelopment over the next decade. The potential of Orlando Central (Office Park) is extraordinary.”