Contact Us
News

Cousins Properties To Sell 1M SF Of Downtown Orlando Office Space

Cousins Properties To Sell 1M SF Of Downtown Orlando Office Space

One of downtown Orlando’s largest office landlords, Atlanta-based Cousins Properties, has tapped Eastdil Secured to market its Orlando office portfolio of more than 1M SF, the Orlando Business Journal reports

The portfolio, a trio of properties, contains the 28-year-old, 421K SF Bank of America Center at 390 North Orange Ave., which is Orlando's fourth-largest high-rise; the 30-year-old, 355K SF One Orlando Centre at 800 North Magnolia Ave.; and the 46-year-old, 260K SF Citrus Center at 255 South Orange Ave.

Cousins has owned the properties only about a year, since it acquired Florida-based Parkway Properties, which held the portfolio. 

Among the three buildings, the Citrus Center has the highest occupancy, at 96%. Bank of America Center is 89.2% leased, while One Orlando Centre is 80.5%.