MIAMI, FL – HFF announced today that it has closed the sale of a portion of Orlando’s Veranda Park (top left photo) mixed-use development comprised of building 4000, ground floor commercial space in buildings 7000 and 8000 and undeveloped land.
Geosam Capital, Inc., a private investment group based out of Toronto, Canada, purchased the property.
Veranda Park is a mixed-use town center property located in Orlando’s metrowest submarket at 2121 South Hiawassee Road, about nine miles west of downtown Orlando.
The offering was comprised of the remaining 118 unsold residential condominiums in building 4000; +/-66,000 square feet of retail space in buildings 7000 and 8000, the majority of which remains unleased; and an 11.7-acre development site zoned for multi-housing, retail, office or hotel development.
The HFF investment sales team representing the seller was led by executive managing director Manny de Zárraga, managing director George Vail (middle right photo), director Jaret Turkell and real estate analyst Scott Wadler.
Contacts:
MANUEL DE ZÁRRAGA GEORGE VAIL
HFF Executive Managing Director HFF Managing Director
(305) 448-1333 (305) 448-1333
Kristen Murphy, HFF Associate Director Marketing, (713) 852-3500
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