JLL Capital Markets led the sales efforts for Celebration Office Center, a 2-building, multi-tenant office complex in the heart of Celebration, Florida
News release
26 March 2025
Orlando office complex trades for $31.5M
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ORLANDO, Mar. 26, 2025 – JLL Capital Markets announced today that it has closed the $31.5 million sale of Celebration Office Center, a two-building, Class A office complex totaling 161,437 square feet in Celebration, Florida.
JLL represented the seller, Real Estate Value Advisors, and procured the buyer, TMT Properties.
The property is located at 1170 and 1180 Celebration Blvd. in the master planned community of Celebration, which is approximately 28 miles southwest of downtown Orlando. Celebration Office Center has excellent transportation access, just off Interstate 4 near its intersection with Routes 192 and 417, and close to Walt Disney World, Universal Studios and a multitude of retail and dining options.
Completed in 2000 and 2001, Celebration Office Center offers two floors of Class A office space and ample surface parking. Overall, the property is 98% leased.
The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Senior Director Robbie McEwan, Analyst Hunter Smith and Associate Blake Koletic.
“While office is still facing some headwinds, Class A, well-occupied properties like Celebration Office Center, are highly sought after by investors who recognize the market in Central Florida remains strong,” said McEwan.
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Real Estate Value Advisors (REVA)
Based in Virgina, the REVA team is a seamless collaboration of senior executives with a wealth of experience. In its more than 40 years in the industry the firm has completed more than $1 billion in acquisitions and syndications. To learn more, please visit: revacompanies.com.
About TMT Properties
TMT Properties is a full service commercial real estate services firm that was established in 1981. For more information, please visit: tmtproperties.com.