The Real Deal Miami

South Florida group buys Celebration office building

Investors led by Jeffrey Weiss paid $170 per square foot for the 100,924-square-foot property

June 26, 2016 01:00PM

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1390 Celebration Avenue in Celebration (Credit: Orlando Business Journal)

1390 Celebration Boulevard in Disney’s Celebration community (Credit: Orlando Business Journal)

A group of South Florida investors led by Jeffrey Weiss bought a seven-year-old office building in Disney’s Celebration community for $17.2 million.

The new owner paid $170 per square foot for the 100,924-square-foot office building at 1390 Celebration Boulevard, next to the grounds of Walt Disney World. Ron Rogg and Chip Wooten of brokerage firm CBRE represented the seller, RT Celebration LLC, an affiliate of Grammercy Property Trust. [Orlando Sentinel] — Mike Seemuth