Central Florida Commercial Real Estate Brokerage & Advisory Services
Helping some of Central Florida’s most exciting & dynamic companies & organizations manage their commercial real estate needs since 2012
ABOUT US
We deliver innovative, client-centric commercial real estate solutions designed to address current and future business needs.
WHAT WE DO
We simplify the real estate decision process and provide rock-solid advice by utilizing every available resource.
HOW WE DO IT
By studying the market, anticipating trends, leveraging key relationships and utilizing the latest technology.
CENTRAL FLORIDA COMMERCIAL REAL ESTATE INSIGHTS
EXCITING NEWS FOR LCA PARTNERS AT ORLANDO INTERNATIONAL AIRPORT!
Huge congratulations to four of our amazing partners and clients—Foxtail Coffee Co., Kelly’s Homemade Ice Cream, Eola Wine Co., and Maxine’s on Shine—for securing coveted storefront locations at Orlando International Airport! 🌟
We’re thrilled to see these beloved local brands recognized by the Greater Orlando Aviation Authority as standout food and beverage operators, ready to share their unique flavors with travelers from around the world. 🌎 With over 53 million passengers passing through OIA annually, including being the busiest airport in Florida and the 7th busiest in the U.S., this is an incredible opportunity for exposure!
From craft coffee to gourmet ice cream, fine wines to local cuisine, these spots are now front and center for millions to enjoy. 🍦☕🍷
We couldn’t be more proud and excited for their success—wishing our friends the best of luck as they embark on this incredible new chapter! ✨ #LCAPartners #OrlandoInternationalAirport #SupportLocal #TravelEats
Major industrial development planned next to Space Coast Regional Airport
Unlike the adjacent Orlando area, where development has extended to several areas along the periphery, the broader Melbourne market faces a different challenge that is limiting its growth. In addition to being a more niche industrial market than its neighbor to the west, much of the available land in Brevard County is undevelopable because of the proximity of surrounding wetlands. As a result, the development pipeline has been slim for the past decade, averaging less than 400,000 square feet of new industrial space added annually during that period.
Investment activity has also been modest over that stretch, with an average of only about $75 million in annual sales volume in the last 10 years. Very little institutional activity occurs in the broader Melbourne market, and large deals are uncommon.
Yet the region is starting to attract interest from larger investment firms. For example, the largest industrial sale in the market’s history occurred in January 2025, when Houston-based private investor and developer Hines acquired Titusville Logistics Center. The 247,000-square-foot warehouse and distribution building was sold for $42.2 million ($171 per square foot) at a 5.5% capitalization rate. That single deal has comprised roughly half of all industrial investment activity in Brevard County in the last 12 months.
Alfonso Munk, co-head of investment management at Hines, said that advancements in the space industry, the growth of private companies associated with aerospace, and the change in administration drove their decision to acquire Titusville Logistics Center. The property also has a solid rent roll of five excellent credit tenants who are all associated with the space industry.
But Hines is not limiting its interest in Brevard County to one acquisition. A significant new industrial project is on the horizon as well, with an ambitious completion date. Munk noted that industrial tenants needing more space in Brevard County are generally not willing to prelease new construction and are moving outside of the market. “We were seeing that the overflow of demand for warehousing space was moving toward Orlando,” said Munk.
The supply and demand imbalance for quality space and prospects for growth in the near- to medium-term prompted Hines to move forward on plans for a new multi-phased industrial project in Space Coast Innovation Park. The first phase of the project will include 640,000 square feet of industrial space with plans to complete the space by the end of 2025. The site, which totals roughly three million square feet of land, can accommodate up to two million square feet of industrial space. Hines does not own the land but has a long-term lease in place with Space Coast Regional Airport.
The project has yet to land a tenant, but Hines reports a solid level of interest. Early discussions have already taken place with some of the biggest names in aerospace and space exploration.
HURRICANE SEASON IS UPON US!
Essential Preparations for Commercial Properties
As hurricane season approaches, it’s critical for commercial property owners and tenants to proactively prepare. From protecting physical assets to ensuring operational continuity, these steps can help minimize downtime and financial impact. Here’s a guide to essential storm preparedness for your commercial property:
1. Assess Your Risk – Understanding your property’s risk profile is the first step in building resilience:
• Review your property’s flood zone designation
• Understand local evacuation routes and protocols
• Evaluate the building’s exposure to storm surge, flooding, and wind
• Map out locations of critical infrastructure (e.g., power systems, data centers)
2. Secure the Building Exterior – Small reinforcements can prevent significant damage:
• Inspect and maintain roofing systems regularly
• Trim trees and landscaping to reduce debris
• Secure rooftop equipment, signage, and HVAC units
• Reinforce loading dock doors and other large openings
• Install impact-resistant glass or hurricane shutters on ground-floor retail
3. Retrofit for Hurricane Resistance – Retrofitting enhances the property’s ability to withstand storms:
• Strengthen structural connections (walls, floors, foundations)
• Install backup generators to maintain power
• Upgrade drainage systems to manage heavy rainfall
• Use water barriers or flood panels at entry points
• Deploy redundant communication systems for emergencies
4. Review Insurance Coverage – Now is the time to double-check your insurance portfolio:
• Confirm wind coverage in your commercial property insurance
• Secure separate flood insurance through the NFIP
• Consider business interruption insurance to cover revenue loss
• Document property assets with current photos or video
• Review deductibles, policy limits, and exclusions
5. Develop a Business Continuity Plan – Preparation goes beyond physical protection—it includes planning for operational survival:
• Create detailed emergency procedures for staff and tenants
• Establish clear internal communication protocols
• Implement robust data backup and recovery solutions
• Identify backup operational locations if relocation is needed
• Plan vendor and client communication during closures
By taking these proactive steps, commercial property owners and tenants can better safeguard their assets, protect their teams, and ensure a faster recovery after a major storm. For more commercial real estate guidance and insights, contact our team at Lloyd Commercial Advisors.