Wednesday, July 1, 2015

HFF closes sale of Publix-anchored retail center near Orlando, FL


Alafaya Square, 19 Alafaya Woods Boulevard, Oviedo, FL

ORLANDO, FL – Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Alafaya Square, a 175,977-square-foot, Publix-anchored neighborhood shopping center in the Orlando suburb of Oviedo, Florida.

Brad Peterson
HFF arranged the sale of the property on behalf of the seller, a partnership between Weingarten Realty Investors and an institutional partner.  Epic Real Estate Partners purchased the asset free and clear of existing debt.

Renovated in 2005, Alafaya Square comprises one main building and two outparcels that are home to a variety of regional and national tenants including Publix Supermarkets, Planet Fitness and International House of Pancakes.

The property spans more than 21 acres at 19 Alafaya Woods Boulevard where it terminates at Alafaya Trail in Oviedo, a community 12 miles from Orlando that helps serve more than 60,000 students who attend the University of Central Florida, which is three miles from the center.  

The HFF investment sales team representing the seller was led senior managing director Brad Peterson, associate director Whitaker Leonhardt and real estate analysts Michael Brewster and Anthony Frogameni.

“Alafaya Square is located in one of the faster-growing suburban communities in Orlando, driven by the tremendous growth of the University of Central Florida,” Peterson said. 

“The property is the largest shopping center in the area and draws a large customer base because of its’ great mix of grocery, fitness, dining and service-based tenants.

 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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