One of downtown Orlando's marquee high-rises just traded hands in a big-ticket deal. The Wideman Co. has acquired the mixed-use Truist Plaza at Church Street Station (originally SunTrust Plaza) in a roughly $93 million purchase that shifts one of the city's largest recent downtown office assets to a regional investor. The 28-story tower, which opened in 2019, blends office, hotel, and retail space, making it a rare single-asset trade in the heart of Orlando's core.
As reported by Commercial Property Executive, The Wideman Co. bought SunTrust Plaza at Church Street Station for $92.9 million from a joint venture of Mason Capital Partners, Lincoln Property Co., and Pope & Land Co. The firm also secured a $65 million permanent loan from International Bank of Commerce in connection with the acquisition, according to the same reporting.
Building and amenities
The 28-story tower totals roughly 317,000 square feet and includes more than 200,000 square feet of office space spread across seven floors, a 180-room hotel above the podium, and ground-floor retail, per Pope & Land. It is a compact vertical mix of uses that puts workers, guests, and shoppers under the same roof.
The Wideman Co.'s portfolio page now lists the property among its holdings and calls out features such as the building's parking decks, meeting space, and sky lobby that tie into the downtown transit corridor. It is the kind of asset that is built to catch both daily office traffic and visitors moving through the city center.
What the deal means for Orlando
Industry data show Orlando's office sales activity totaled about $449 million in 2025, with assets in the metro averaging roughly $195 per square foot, according to a Yardi Matrix office report. Against that backdrop, the Church Street trade is notable not only as the tower's first sale since its 2019 delivery, but also as one of the larger recent downtown transactions, as reported by Commercial Property Executive.
The Wideman Co.'s listing for the property indicates the firm will fold the asset into its broader Florida holdings, although it has not detailed any specific post-closing strategy. For now, local observers will be watching leasing momentum and hotel performance to see whether this headline sale helps spark a new wave of downtown office investment in Orlando.
