Done Deals: Plaza Advisors Brokers Sale of Orlando Retail Center

Friday, January 30, 2009

Plaza Advisors Brokers Sale of Orlando Retail Center

ORLANDO, FL-Plaza Advisors of Tampa, FL is pleased to announce the sale of Regency Village, a Publix anchored shopping center located in the Buena Vista area of Orlando, Florida. The transaction closed January 29, 2009.

Jim Michalak (top right photo) of Plaza Advisors exclusively represented the seller Tinwood LLC, a joint venture between Regency Centers and Publix. The buyer was Regency Village Realty Associates, LLC.

The project, located at the intersection of International Drive South and Vineland Avenue, contains 83,167 square feet and was 88% occupied.

The asset was built in 2002. The sale included a freestanding Outback Steakhouse. The center’s major tenants include; Subway, The UPS Store, and Sony JVC Superstore.

Plaza Advisors is a real estate brokerage firm that specializes in the disposition of anchored shopping center properties in the southeastern United States.

Plaza Advisors clients include private equity, developers, and major institutions including; pension funds, life insurance companies, REITs, and money center banks.

Jim Michalak, the firm’s managing partner, is a 25 year career real estate broker. Mr. Michalak has closed over 100 shopping center transactions, with a combined GLA exceeding ten million square feet with an aggregate sales volume in excess of $1 billion. Plaza Advisors is based in Tampa, FL

http://www.plazadvisors.com/

Jim Michalak