Business Briefs

Philharmonic buys Plaza

After months of planning, the Orlando Philharmonic Orchestra purchased the property known as “The Plaza Live,” located at 425 Bumby Ave., for $3.4 million in August. The sale included the Plaza Live building, all its contents and the Plaza Live business, which currently presents more than 135 events each year. The Philharmonic is planning extensive renovations that will provide a new home for the orchestra, including offices, a rehearsal hall and performance space for the orchestra, as well as an upgrade to the venue so it can continue operating as a one of Florida’s premiere rock, pop, jazz and contemporary concert venues.

Fitness studio arrives

NAI Realvest recently negotiated new industrial leases totaling 14,500 square feet at Airport Industrial Center, Goldenrod CommerCenter and on Division Street south of downtown Orlando. Michael Heidrich, a principal in the firm, brokered all three transactions representing the landlords, including a 6,000-square-foot lease to PTS Fitness Studio, opening in the Goldenrod CommerCenter.