Second Orlando Publix center sells in a week
Slate Retail, a Canada-based REIT, has acquired Good Homes Plaza in Ocoee, Fla., the second Publix-anchored center to change hands this week in the Orlando metro.
Avison Young’s Florida Capital Markets Group brokered the sale on behalf of the seller, IMC Equity Group, a North Miami-based commercial real estate company owned by Yoram Izhak.
The 165,741-sq.-ft. center boasts a diverse tenant mix that includes a Beall’s Outlet Store and a Pet Supermarket. It is located on Colonial Drive, one of Orlando’s major east/west thoroughfares and a primary commercial artery leading to Downtown Orlando. The retail center serves a substantial population of 248,792 within a 5-mile radius.
“In West Orange County, the retail market has been positively affected by population and tourism growth in the metro area,” said Avison Young’s John K. Crotty.
Earlier this week Phillips Edison announced its acquisition of Winter Springs Town Center, a Publix-anchored that also resides within the Orlando metro area.
Connect with me on LinkedIn | Follow me on Twitter
Avison Young’s Florida Capital Markets Group brokered the sale on behalf of the seller, IMC Equity Group, a North Miami-based commercial real estate company owned by Yoram Izhak.
The 165,741-sq.-ft. center boasts a diverse tenant mix that includes a Beall’s Outlet Store and a Pet Supermarket. It is located on Colonial Drive, one of Orlando’s major east/west thoroughfares and a primary commercial artery leading to Downtown Orlando. The retail center serves a substantial population of 248,792 within a 5-mile radius.
“In West Orange County, the retail market has been positively affected by population and tourism growth in the metro area,” said Avison Young’s John K. Crotty.
Earlier this week Phillips Edison announced its acquisition of Winter Springs Town Center, a Publix-anchored that also resides within the Orlando metro area.
Connect with me on LinkedIn | Follow me on Twitter