Demetree Global has acquired a 44,478-square-foot office building in Baldwin Park, Orlando, for $11.3 million, marking a strategic expansion in a high-growth market.

Target Information

Demetree Global has successfully acquired a 44,478-square-foot office building situated at 4798 New Broad Street, located in the vibrant Baldwin Park neighborhood of Orlando. Purchased for $11.3 million from Owens Realty Services on April 4, 2025, this acquisition marks Demetree Global's inaugural fully owned building in Baldwin Park. This area is notable for its walkability, established retail and office community, as well as its prime location, which provides convenient access to both Winter Park and downtown Orlando.

This office building is occupied by a diverse tenant mix, including significant space rented by Planet Fitness and Stantec Consulting, highlighting the property’s high occupancy rate and appeal. The combination of stable tenancy and desirable location made this acquisition particularly attractive for Demetree Global's growing portfolio.

Industry Overview in Orlando

The Central Florida commercial real estate market has shown robust growth, driven by an influx of businesses and residents attracted to its favorable economic conditions and quality of life. Orlando, recognized as a premier tourist