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| Alafaya Square, 19 Alafaya Woods Boulevard, Oviedo, FL |
ORLANDO, FL – Holliday Fenoglio Fowler, L.P. (HFF) announced
it has closed the sale of Alafaya Square,
a 175,977-square-foot, Publix-anchored neighborhood shopping center in the
Orlando suburb of Oviedo, Florida.
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| Brad Peterson |
HFF arranged the sale of the property on behalf of the
seller, a partnership between Weingarten Realty Investors and an institutional
partner. Epic Real Estate Partners
purchased the asset free and clear of existing debt.
Renovated in 2005, Alafaya Square comprises one main
building and two outparcels that are home to a variety of regional and national
tenants including Publix Supermarkets, Planet Fitness and International House
of Pancakes.
The property spans more than 21 acres at 19 Alafaya Woods
Boulevard where it terminates at Alafaya Trail in Oviedo, a community 12 miles
from Orlando that helps serve more than 60,000 students who attend the
University of Central Florida, which is three miles from the center.
The HFF investment sales team representing the seller was
led senior managing director Brad
Peterson, associate director Whitaker
Leonhardt and real estate analysts Michael
Brewster and Anthony Frogameni.
“Alafaya Square is located in one of the faster-growing
suburban communities in Orlando, driven by the tremendous growth of the
University of Central Florida,” Peterson said.
“The property is the largest shopping center in the area and
draws a large customer base because of its’ great mix of grocery, fitness,
dining and service-based tenants.
For a complete copy of the company’s
news release, please contact:
Kristen M.
Murphy
Associate
Director
HFF | One
Post Office Square, Suite 3500 | Boston, MA 02109
Main:
617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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