Commercial Real Estate, Capital, Insurance, Leasing & Management

6 retailers head to Baldwin Park as its occupancy hits ‘critical mass’

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Terrence Hart and Tim Rogers, retail leasing agents for the Baldwin Park Village Center near downtown Orlando, discussed the center's growing popularity.

Excerpted from Orlando Business Journal story.

Terrence Hart has turned away retailers from Baldwin Park in recent months.

That’s because the roughly 190,000 square feet of retail space is about 96% leased at the mixed-use development near downtown Orlando. Hart, senior director at Franklin Street of Orlando, handles leasing for Dallas-based landlord Tabani Group along with Senior Associate Tim Rogers.

Hart first started leasing the property in 2016 when retail occupancy was about 80%. Now, he said he can’t squeeze in all the fitness concepts and boutique restaurants that want to open there. The remaining space may host a bridal boutique and computer educational concept.

“It’s become like a Park Avenue or a College Park,” Hart said. “Before, it hadn’t gotten to that point. It hadn’t hit that critical mass of retailers.”

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