In March 2016, a Larkspur affiliate acquired the West Orange Professional Center in Orlando, Fl. West Orange Professional consists of one condominium building in which Larkspur acquired 70% of the outstanding 23,000 square footage and a 17,454 medical retail/office building.
The buildings both have direct access from West Colonial Blvd and are across the street from the expanding Health Central Hospital of Ocoee. Larkspur plans to improve some of the condominium amenities and offer attractive leasing incentives in order to lease up the vacancy. Larkspur expects medical tenants will be attracted West Orange’s prime location along a busy corridor with a growing population and state-of-the art medical facilities.