Foundation purchases office building in Maitland

175 Lookout Place

175 Lookout PlaceIn December 2023, The Florida Bar Foundation changed its name to FFLA. Posts prior to this date contain our former name.

The Florida Bar Foundation closed on the purchase of a 4,200 sq. ft. building in Maitland on July 15. The building will house the Foundation’s operations and staff.

In 2019, a board committee began researching the cost effectiveness of owning a building rather than paying rent for office space. After determining there would be significant savings of more than $3 million over 25 years, the board approved the purchase of a building located at 175 Lookout Place.

The Foundation will not have a mortgage, having purchased the property paying cash out of funds allocated for a building purchase. The Foundation entered into a two-year lease for the top floor, which effectively offsets all of the costs associated with occupying and maintaining the property during that time.