Eola Capital buys Orlando buildings

Boosts area holdings to more than 1 million square feet

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Eola Capital today closed on a $50 million acquisition of two Orlando, Fla., office buildings located north of the central business district in Maitland Center. The Maitland Forum building, at 2600 Lake Lucien Drive, is a four-story building containing 266,881 square feet. The Park Center building, at 2500 Maitland Center Parkway, is a four-story building containing 102,169 square feet. Both feature on-site cafes, large floor plates and four parking spaces per 1,000 square feet. Eola Capital purchased the buildings from DRA Advisors and Tower Realty. The acquisition increases the company's presence in Orlando to a total of five assets within the major markets including Maitland Center, Downtown and Millenia for a total of 1.04 million square feet. ...