Thursday, June 25, 2015

Crossman & Company brokers $11.5 million sale of Belle Isle Commons in Orlando, FL


 
Scott Crossman
Orlando, FL– Daryl E. Carter and Scott E. Crossman recently sold Belle Isle Commons shopping center in Orlando, Fla. to a private investor. Managing Director of Investment Sales, Mark Thompson with Crossman & Company represented the seller in the $11.5 million transaction.

The 82,093-square-foot center is located at 5126 S. Conway Road, near the Orlando International Airport. It is anchored by Planet Fitness and was 98 percent occupied at the time of the sale.

“Belle Isle Commons represented an opportunity for this investor to capture a very well-maintained and managed neighborhood center positioned between two major market drivers in both Downtown Orlando and the Orlando International Airport. said Crossman & Company Managing Director, Mark Thompson.

“As downtown continues to push South along Orange Avenue and the airport continues to drive new development North along Semoran Boulevard, Belle Isle Commons is uniquely positioned in one of the few locations within the city that will allow an asset to benefit from both major economic drivers,”

Financing was provided through HC Real Estate Capital, LLC in Delray Beach, Fla.

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

 Sydnie Cobb
 Crossman & Company

 407.581.6261

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