Jaymont Realty Bows Out After 19 Years on the Downtown Scene

ORLANDO-Jaymont Realty Inc., a commercial brokerage name synonymous with Downtown development growth over the past two decades, is no longer an active player. The 19-year-old firm has done its last big deal, the $7.6 million sale of the 2.29-acre North Orange Avenue block of vacant retail structures, and is calling it a day.

Jaymont, however, will stay on until Dec. 15 as the manager of record for the 20-story, 223,190-sf 111 N. Orange office building, locally referred to as the Copper-Whopper for its copper-colored motif. USAA Realty takes over the building’s management chores Friday, representing the new owner, Tavistock Allan, an international investment group counseled by Joseph L. Lewis.

Lewis is a reclusive retired British billionaire industrial magnate and extensive area property owner who has lived in Orlando for the past 25 years. He has never granted an interview and has never been photographed by the media.

GlobeSt.com reported the sale of the building and the surrounding 2.29 acres on Dec. 4. Tavistock Allan paid Saudi-Arabian-owned Jaymont USA Inc. $3.32 million per acre or $76.18 per sf for the property. The buyer is considering several uses for the prime site. Jaymont Realty is headed by Floyd Fawsett, a former professional football halfback with Atlanta in the 1950s.