Lowndes represented Orlando-based GCB Associates LLC in its $96 million sale of nearly 464 acres near the Walt Disney World Resort to Intram Investments, Inc. Located between World Center Drive and S.R. 417, the land deal, which included 14 different parcels, was noted as “the most robust land deal in the Orlando market since December of 2021” by GrowthSpotter.
Intram, an Orlando-based real estate development and restaurant investment company, is planning the development of mixed-use projects that may include retail, residential, entertainment and hotel uses.
“GCB Associates believes that (Intram) is the right developer for World Gateway who will add significant value to the property and to Central Florida going forward,” Chris Liew, president of GCB Associates, LLC, said in a statement.
The Lowndes team advising GCB Associates LLC on the transaction was led by Shareholder William Beckett. Shareholder Rebecca Wilson is handling land use matters related to the property.