Sunday, January 11, 2009

CB Richard Ellis Closes MetroWest Shoppes in Orlando for $11.95M

ORLANDO, FL – CB Richard Ellis, the world's leading commercial real estate services provider, is pleased to announce the sale of MetroWest Shoppes (top right photo) in Orlando, Fla., for $11,950,000.

Bill Strauss, Dave Donnellan, Dan Baker, and Todd Weintraub, members of CBRE's Private Client Group, and Mark Drazek,a member of CBRE's Net leased Properties Group represented the seller in this transaction, MetroWest Commercial Partners, LLC.

An entity affiliated with The Miller Group, an Orlando-based private development and investment firm, was the buyer in the transaction.

Metrowest Shoppes is a 32,908-sq.-ft. retail center located at 3120 Kirkman Road in the MetroWest submarket of southwest Orlando, Florida. Completed in 2006, MetroWest Shoppes has attracted a number of national and regional tenants including Washington Mutual (Chase Bank), FedEx Kinko's and Verizon Wireless.

Contact: Rebecca Thomas, 305.381.6485, rebecca.thomas@cbre.com

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