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| 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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