THE HOME EXPO/DEPOT | 4607 MILLENIA PLAZA WAY | ORLANDO, FL
GROUND LEASE ACQUISITION, REDEVELOPMENT
UP Development purchased the underlaying Home Depot ground lease, operating as ‘The Home Expo’ in 2012, approximately 100,000 SF of Retail Box space.
Redeveloped the building, subdividing and sub ground leasing to Toys R Us and Dick’s Sporting Goods, opened in 2013.
Sold the underlying the Ground lease as part of the sale of Millenia Plaza 1 Shopping Center, for $9M owned by DDR, to Millenia Plaza LLC on 1/22/2019.
Ashley Furniture Homestore opened in 2019, buying the Toy’s R Us Sublease as part of their Chapter 11 filing.
