The Wideman Co. has become the primary owner of Truist Plaza at Church Street Station, an office tower where the firm also maintains its headquarters. The property is located at 333 S. Garland Ave. and serves as a central piece of Wideman Co.’s office footprint.
According to reporting from the Orlando Business Journal, Wideman Co. originally held an equity position in the building alongside lead developer Lincoln Property Co. Lincoln Property Co. developed the 28-story tower, completing construction in 2019. The recent transaction involved Wideman Co. buying out Lincoln Property Co.’s stake in the asset.
The asset is reported as being valued at $92.8 million in connection with the buyout. While specific transaction terms were not disclosed in the available information, the change in ownership structure shifts majority control of the property to Wideman Co., consolidating its position in the building where it is already a key occupant.
Truist Plaza at Church Street Station offers more than 200,000 square feet of Class A office space, positioning it as a sizable office asset within the Orlando market. In addition to the office component, the tower includes a separately owned 180-room AC Hotel Orlando Downtown, as well as ground-level retail units. The combination of office, hotel, and retail elements creates a mixed-use environment, though only the office component is associated with Wideman Co.’s controlling interest as described.
The property is currently listed for sale by a company affiliated with Wideman Co., indicating that the new ownership structure is paired with a broader capital markets strategy for the asset. No asking price or marketing guidance has been disclosed in the available summary, but the stated valuation provides a reference point for prospective investors evaluating the opportunity.
Beyond this single asset, The Wideman Co. is described as a firm focused on office and industrial properties. Its portfolio comprises more than 40 assets totaling over seven million square feet across 12 states, representing $1.2 billion in commercial real estate holdings concentrated in the southeast and sun belt regions. The consolidation of ownership at Truist Plaza at Church Street Station and subsequent sale listing align with the firm’s broader investment activity in these markets.
