Owens Realty Capital Acquires 2699 Lee Road, LLC in Winter Park, Florida

February 14, 2018

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2699 Lee Road, Winter Park, FL

Owens Realty Capital, headquartered in Orlando, FL announced today that they have acquired the 87,266 sq. ft., 6-story office building located at 2699 Lee Road in Winter Park, Florida for $10,450,000.


The iconic building is located at the corner of Lee Road and I-4 in Winter Park. With the Lee Road marketplace benefitting from dynamic development over the past three years, the building tenants have unmatched proximity to the I-4 interstate and the Winter Park Lee Road Gateway that leads to the desirable amenities in and around downtown Winter Park.  The landmark office building is currently home to tenants that include: Waterstone Mortgage, Healthcare Scouts, Orlando Orthopedics, Maximum Healthcare Services and Centauri Health Solutions.  Currently at 85% lease, Owens Realty Capital plans to make significant upgrades to the interior and exterior of the property and enhance the value of the building through the strategic leasing of the remaining vacancies. 


Palmer Vietor, Owens Realty Capital’s Vice President of Acquisitions and Investments handled the acquisition on behalf of Owens Realty Capital with Ron Rogg and Chip Wooten of CBRE representing the sellers.  


2699 Lee Road, LLC is now the 10th building in Winter Park that Owens Realty Capital has purchased.


For information on this acquisition or on Owens Realty Capital, Palmer Vietor can be reached at 240.506.2627 – pvietor@owens-services.com.  Owens Realty Capital is currently looking for strategic opportunities throughout the state of Florida, as well as along the U.S. eastern seaboard ranging from $10,000,000 to $100,000,000.


Owens Reality Capital is a boutique real estate asset management firm based in Orlando, Florida that owns, develops and operates commercial properties throughout the eastern United States supported by its operating partner, Owens Realty Services. Owens Realty Services provides commercial real estate services for more than 40 million square feet of commercial & institutional real estate equating to more than $18 billion in real estate value. Services include investment property management, public sector facility management, corporate facility management & maintenance, commercial sales and leasing brokerage, arena maintenance management as well as janitorial maintenance services. The company employs more than 1,000 real estate industry professionals throughout the United States.