Wednesday, June 22, 2016

HFF closes $6 million sale of grocery-anchored shopping center in Orlando, FL

East Orlando Shopping Center, 989--1007 North Semoran Boulevard (State Road 436), Orlando, FL

Brad Peterson
ORLANDO, FL, June 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $6 million sale of East Orlando Shopping Center, a 131,981-square-foot, grocery-anchored shopping center in Orlando, Florida. 

HFF arranged the sale on behalf of the seller, Kimco Realty Corp.  Mishorim Gold East Orlando L.P. purchased the asset free and clear of existing debt.

Situated at the “Main and Main” signalized intersection of East Colonial Drive (State Road 50) and North Semoran Boulevard (State Road 436), East Orlando Shopping Center is located at 989-1007 North Semoran Boulevard and boasts a combined traffic count of 116,000 vehicles per day.

The center is anchored by Bravo Supermarkets and Florida Career College and is home to shop tenants, including Amscot and Pizza Hut.  The trade area includes Orlando Fashion Square Mall and is among the largest retail nodes in central Orlando, serving residents of downtown and the surrounding communities.

 The 10.2-acre property includes two additional parcels totaling two acres, which are on ground leases.
The HFF investment sales team representing the seller was led by senior managing director Brad Peterson and associate director Whitaker Leonhardt.

Whitaker Leonhardt
“The sale of East Orlando Shopping Center is a strong indicator of the depth of retail investors searching for value-add infill opportunities,” Leonhardt said. 

“There were nearly a dozen groups that submitted offers to acquire the asset, with the eventual buyer being selected based on their competitive terms and successful track record buying from public companies.”

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

Kristen M. Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |, or follow Kimco on Twitter at

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