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| Jim Michalak |
TAMPA, FL -- Plaza
Advisors is pleased to announce the sale of the Aloma Square Shopping Center
located in Winter Park (Orlando) Florida.
The grocery anchored
shopping center totals 91,356 square feet of gross leasable area. The major
tenants include Aldi, Deal$, CARQUEST and Fresenius Medical Care.
Other notable tenants
include: CosmoProf, Liberty Tax and Subway. The property, constructed in 1986,
was 88.8% leased at the time of sale.
Mike Cvetetic and Jim
Michalak of Plaza Advisors represented the
seller in the transaction. No other brokers were involved in the sale. The
seller and buyer were Noble Properties and a private equity group named Aloma
Square WP, LLC, respectively.
“This center offered numerous attractive
aspects to the capital markets including: an excellent credit tenant roster, a
value-add component, sustainable base rents, and is located at a high traffic
volume intersection within an affluent trade area” Cvetetic stated.
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| Mike Cvetetic |
Plaza Advisors
specializes in the disposition of anchored shopping centers located throughout
Florida. The company has successfully closed fourteen centers since December
2013.
Those closings included twelve grocery
anchored assets: six Winn Dixie, three Publix, an ALDI, a Walmart Neighborhood
Market, and a Dollar General Market.
For a complete copy of the company’s news
release, please contact:
Jim Michalak
Managing Partner
Plaza Advisors
3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 101
Fax 831.2627
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