West University Retail Center Fetches $322 Million
The property, which is approximately 99% occupied, features a high-quality tenant mix that combines lifestyle and entertainment uses with essential goods and services.
The property, which is approximately 99% occupied, features a high-quality tenant mix that combines lifestyle and entertainment uses with essential goods and services.
He will partner with Nate Cutchin and focus on tenant and landlord representation.
Amy Foote and Glen Jaffee of Cushman & Wakefield along with Drew Haynie of affiliate Cushman & Wakefield | Thalhimer represented the tenant in the lease negotiations. The landlord, V 3 HC Retail LLC, was represented by Bobby Bridges of V3 Commercial Advisors.
The Annual HALLMARK Awards event, presented by the Central Florida Real Estate Association (CFCREA) in association with the Central Florida Commercial Association of Realtors® (CFCAR). This year’s event included both unique insights into Orlando’s historic Packing District and a generous donation to 4Roots non-profit farming initiative, also located in Packing District.
The transaction, valued at $55.3 million, includes nine buildings encompassing 168,741 square feet of space.
The location is currently in the development planning stage and approval process, with the goal of opening late 2024.
The HALLMARK Awards event is scheduled for July 24th, 2024.
The food hall at 2105 N. Orange Blossom Trail opened to the public last Friday with nine of the 11 vendor spots serving everything from chicken shawarma, to Picanha steak, to Oreo-cheesecake brownies, to some of Orlando’s best Neapolitan-style pizza.
Construction of the $500 million, 900,000-square-foot mixed-use project, to be called Westcourt, is set to break ground in late 2024.
“SRS continues to grow our team in Florida as well as around the country to help meet the demand we’re seeing from retailers who are looking to expand,” said John Artope, SRS Executive Vice President and Florida Market Leader.
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