Prestigious Park Ave Property in Winter Park Acquired by Benderson

UNIVERSITY PARK, FL (September 25, 2024) — Benderson Development, a leading real estate company based in University Park, FL, today announced that it has acquired Park Plaza, an iconic 25,000-sq.-ft. mixed-use property located directly on Park Avenue in Orlando’s premier Winter Park neighborhood.

 

Located in the heart of Winter Park, Park Avenue is a charming cobblestoned street bustling with more than 140 acclaimed restaurants, shops and museums. Park Plaza is situated in the center of the action at 307 S. Park Avenue and features a mix of retail on the ground floor and a 28-room boutique hotel on the second floor.

 

“We are thrilled to add such a prominent Park Avenue property to the Benderson portfolio,” said Evan Benderson, executive director of leasing for the family-owned real estate company. “We look forward to enhancing the Park Plaza experience and ensuring that it remains a beloved destination for years to come.”

 

Benderson has been actively growing its portfolio with acquisitions around the state. Earlier this week, Benderson acquired Cypress Trace, a 280,000-square-foot grocery-anchored shopping center in Fort Myers. Other recent acquisitions in Florida include Carillon Place, a 250,000-square-foot open-air shopping center in Naples; North River Marketplace, a 51-acre development site in Venice; Glengary Shoppes in Sarasota; and Linton Commons in Delray Beach.

 

Benderson Development

Founded in 1949, Benderson Development is one of the largest privately held real estate companies in the nation. The company’s portfolio currently includes more than 1,000 properties totaling over 55 million square feet in 41 states.

For more information, visit www.bendersondevelopment.com