A commercial real estate professional and technology pioneer, Orr helped transform how brokers marketed properties and shared listing information throughout Central Florida and beyond.
A longtime commercial property along West Princeton Street could give way to a new mix of apartments, townhomes and storefronts as development continues across Orlando’s 202-acre Packing District.
The newly developed retail property highlights continued investor interest in net-leased assets with national tenants.
The center replaces the former Pirate’s Cove Adventure Park.
Salim N. Valiani, along with Yassin Benkabbou of Marcus & Millichap, exclusively marketed the property on behalf of the seller, who was a private high-net-worth individual from South Florida.
Barron Collier Investment Partners plans to develop the new retail and residential destination within West Melbourne’s 225-acre Space Coast Town Center, adding a grocery anchor, apartments, restaurants, services and future commercial space.
The retail center, home to major national tenants and shadow-anchored by Target and Kohl’s, sold in a deal arranged by Atlantic Capital Partners.
The site is being developed into Shops at Palm Bay, a ±14,014-square-foot retail center slated for delivery in Q2 2027.
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.