Gravenstein and Castrilli Close Final Building at Oakland Exchange

First Capital Property Group is pleased to announce the closing of Building 7 at Oakland Exchange, the last available unit in the 12-building medical and office development in Oakland, Florida. The buyer, Oakderm, LLC, will open a Dermatology and Skin Cancer Center in the 3,248 SF space.

Oakland Exchange is now fully sold out. All 12 buildings in the mixed-use development, ranging from 2,288 to 5,060 SF, have been sold. The project sits at the intersection of W Colonial Drive and Remington Road in Oakland.

Trey Gravenstein and Michael Castrilli, both Vice Presidents of Brokerage Services at FCPG, represented the seller.

The development fronts W Colonial Drive (HWY 50) with 55,500 vehicles passing daily and direct access to the Florida Turnpike. Centrally positioned between Winter Garden and Clermont, it draws from one of the fastest-growing corridors in the Orlando metro. Average household income within a 5-minute drive is $156,678.

Within 2 miles: a new 151,000-square-foot Costco, a 61,000-square-foot Tesla dealership, and 500 units of new multi-family housing.

Oakland Exchange was developed by JW² Development and built by Schmid Construction.

First Capital Property Group is a Full-Service Real Estate company leasing and managing over 2 million square feet of commercial property in Central Florida. The information contained herein is believed to be reliable; however, First Capital makes no representations or warranties, expressed or implied, regarding its accuracy. ©2026 First Capital Property Group – Licensed Real Estate Brokers.