CBRE Facilitates Sale Of 629,326 SF Retail Center In Winter Garden
The sale marks one of the largest retail real estate sales in the Orlando Metropolitan Area in the last five years.
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The sale marks one of the largest retail real estate sales in the Orlando Metropolitan Area in the last five years.
JLL Managing Director Micah Strader and Senior Associate Madison Kimbell represented the building’s ownership in the lease negotiations. The tenant was represented by Andrei Savitski of CBRE.
The firm purchased the 209,000-square-foot property for $33.25 million.
The property boasts a 92.3% occupancy rate.
The acquisitions total 150 acres.
Senior Vice President Louie Granteed represented the landlord in the transaction and exclusively handles all retail and restaurant leasing at the property.
The asset sold for $11.5 million.
Mary Frances West, CCIM and Stian Funk represented the landlords in the transactions.
She will partner with Rick Solik and Matthew McKeever on the office services team and focus on tenant representation.
JLL represented the seller, Galium Capital, and procured the buyer, Duvalla Investments.
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