In not so many years I will be thinking about downsizing to a smaller home. With children grown where should I build? Having that freedom to choose is almost mind boggling after years of my living choice being dictated by school districts and kid friendly neighborhoods. I have often joked with my kids that someday I would come to their house and make a mess and eat all the food in their refrigerator. I would also complain about their dinner selections. They laugh and pick up their sweater, or clean the mess. That threat may come true though if I don’t start planning. I have thought of a great joke on my son, he has a pretty fancy home now, with just enough space to fit a nc modular home right in his back yard!
I don’t really think I could live IN their homes; I have sons and they have wives!!! But I could live in their back house if they would let me put one there. He bought at the top of the market so I don’t expect he will be moving anytime soon. His backyard would be my first pick. Forget putting in a pool, I come with income to help pay that ridiculous mortgage he has.
They are expecting their first child in the fall. Lovely couple that they are but they have careers that would kill a normal person. So just think about all of that free babysitting. They can still fly to Thailand, or take an impromptu vaca to Vegas with me parked in the back yard!
The next time I’m over, I will be sure to wear my sunglasses to conceal my thoughts. I think I will pace out the property, and pay a little more attention to his backyard kitchen for my BBQ’s. Meanwhile I’m off to get some blue play dough for his dining room carpet… I mean my new grandchild!
Central Florida’s largest mixed tennant office building, the Sun Trust Center, has been acquired by a new owner just two years after the most recent instance of it being sold. The Sun Trust Center is the pinnacle of orlando commercial real estate. The almost twenty five year old building features 600,000 square feet of office space for lease and is currently at about seventy five percent occupancy. The selling price was just $131.5 million dollars.
The Sun Trust Center is a thirty five story beauty of a building with thirty stories of usable space, and it’s the tallest building in the city, located in the heart of downtown Orlando. It last changed hands back in 2010 when it was purchased as part of a multi- building deal along with Tampa’s Sun Trust Financial Center by a joint venture group composed of Stiles Inc. and Charter Hall Real Estate. The building’s new owner owns a great deal of Orlando commercial real estate as well as properties in Atlanta, Tampa, and other central Florida locations.
The building’s selling price equated to $219.17 per square foot, with office space in the building reported as currently leasing at a rate of approximately $26.50 per square foot. All leasing will continue to be handled by the current property management company, CBRE, Inc.
The building includes six parking decks and an eight story atrium. It is topped by decorative pyramids framing a five story pethouse level that is not open to the public. One of the things that the Sun Trust Center is best known for is that it’s the location of the annual charity event, “Fight For Air, Climb Orlando” held by the local branch of the American Lung Association. Contestants are timed as they race up twenty five flights of stairs for bragging rights; it is one of the city’s most heralded fund-raising events, raising over $100,000 in recent years.