Orlando Retail Center Sells For $25.1 Million
Colliers’ Brad Peterson and Whitaker Leonhardt represented the seller, Newport Capital Partners, in the transaction.
This author has yet to write their bio.
Meanwhile lets just say that we are proud ADMIN contributed a whooping 1178 entries.
Colliers’ Brad Peterson and Whitaker Leonhardt represented the seller, Newport Capital Partners, in the transaction.
CBRE has been tapped to oversee leasing and property management at the retail property.
Daytona Beach has approved a major expansion plan for Avalon Park Daytona, a large-scale mixed-use community that could bring thousands of homes, more than 1 million square feet of commercial space and significant road infrastructure to Volusia County over the next two decades.
JLL’s Danny Finkle and Jorge Portela represented the seller in the transaction. According to media reports, Washington Prime Group sold the property for $59.5 million.
Construction is expected to begin immediately, with completion targeted for the second quarter of 2027.
JLL brokered the transaction.
The 94%-leased center is anchored by Publix and CVS and included an outparcel ground leased to McDonald’s and an undeveloped .58-acre outparcel located at the hard corner.
Joe Rossi, CCIM, and Scott Brenner, Esq., CCIM, SIOR, of Colliers represented the seller in all transactions.
The portfolio totals 29,582 square feet.
The tenant will relocate its call center operations while maintaining its corporate headquarters at its existing Orlando location on ORL Tower Road.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
