Colliers Announces Sale Of Shoppes At South Semoran In Orlando

Colliers| U.S has announced the sale of Shoppes at South Semoran, a premier grocery-anchored retail center located in the densely populated corridor along South Semoran Blvd, directly north of Orlando International Airport.

The 103,830-square-foot-property at 4520 S Semoran Blvd is currently 99% occupied.

Brad Peterson, Vice Chairman at Colliers, and Whitaker Leonhardt, Executive Vice President at Colliers, represented the seller, an affiliate of Core Investment Properties Fund, in the sale of Shoppes at South Semoran. The buyer was an affiliate of Newport Capital Partners.

Ben Greazel, Vice Chairman at Colliers, arranged the acquisition financing with Tyler Kurau of Ameris Bank.

Built in 1986 and significantly remodelled in 2013, Shoppes at South Semoran is grocery-anchored shopping center with a Walmart Neighborhood Market as well as notable national and regional tenants Dollar Tree, Wendy’s, and Suncoast Credit Union. The property recently underwent capital projects that included façade, signage, and parking lot improvements.

“This off-market transaction marks nearly $140 million in sales and financings in Central Florida that our team has led so far in 2025,” said Leonhardt. “The Orlando MSA continues to attract commercial real estate investment from top-tier investors, especially for grocery-anchored retail centers. The population, job, and wage growth, combined with tremendous infrastructure and major economic drivers, all lead to rent growth, strong occupancy, and healthy retailer sales performance, the combination of which checks all the boxes for institutions looking to invest in growth markets like Orlando.”