Plaza Advisors brokers sale of Orlando Square Shopping Center in Orlando, FL

ORLANDO, FL -- Plaza Advisors is pleased to announce the sale of the Orlando Square shopping center. The asset is situated on the southwest corner of Sand Lake Road and South Orange Blossom Trail in Orlando, Florida. The price was not disclosed. 

 

The 183,877 SF retail plaza was 85% occupied and is anchored by Ross, Office Depot, Ollie’s Bargain Outlet and Central Rock Gym. Notable inline tenants include Chipotle, Firehouse Subs, Bright Now Dental and outparcel tenants Chick-Fil-A and Chase Bank.

 

Plaza Advisors represented the seller, AGRE Orlando Square LLC, and was the only broker involved in the transaction. The buyer was Core Investment Management, LLC, a Miami-based active investor of retail properties located throughout Florida with over 2,500,000 SF owned and managed.

 

 This is the second transaction completed over the past year between the seller and Plaza Advisors.

 

 

Contacts

 

Jim Michalak

813.837.1300 x1

jim.michalak@plazadvisors.com

 

Jeff Berkezchuk

813.837.1300 x2

jeffb@plazadvisors.com

 

Florida East Coast Realty sells two commercial condo units in Coral Gables, FL for $2.57 Million or $681 per SF

 

Donna Abood

MIAMI, FL – Florida East Coast Realty (FECR), an integrated real estate development and management company with more than 60 million square feet of construction completed, has announced the sale of suites 102B and 103C at its 2020 Ponce office condo project, totaling 3,771 square feet.

 The two ground floor units sold for $2.57 million or $681 per square foot.

Joe Abood

The buyer, Coral Gables Smile, d.b.a. CG Smile Makeover, is a multidisciplinary dental practice, offering general and preventative dentistry, restorations, and endodontic and orthodontic care.

 

Peyton Dowd

“In today’s evolving market, we are seeing many business owners interested in owning their own space, seeking to take advantage of the investment opportunity,” said Austin Hollo, Chief Operating Officer at FECR. 

 “Commercial condos are very attractive to those with stable or growing businesses looking for a great location.”

 Austin Hollo

Donna Abood, Joe Abood, and Peyton Dowd from Avison Young brokered the deal.

 

“In the past eight months, we have experienced remarkable success in the Coral Gables market,” said Joe Abood. “The city has strong appeal as an attractive alternative to markets such as Blue Lagoon, Downtown Miami, or Brickell.”

About Florida East Coast Realty:

Tibor Hollo

Founded over 60 years ago by Tibor Hollo, Florida East Coast Realty (FECR) has built more than 60 million square feet of construction, consisting of landmark residential and commercial high-rises, single-family homes, government buildings, marinas, high-end retail centers, warehouse complexes, and telecommunications centers.

 

 

Media Contact for FECR:

 

Don Silver / Max Brodsky

 BoardroomPR

 954.370.8999

 donsil@boardroompr.com /

 mbrodsky@boardroompr.com

 

CBRE Appoints Erin Laney Barr as Salt Lake City Market Leader

Erin Laney Barr

 

 Salt Lake City, UT –– CBRE announced  it has appointed Erin Laney Barr Managing Director and Market Leader for its Salt Lake City business, effective July 10.

 

Laney Barr joined CBRE in January 2022 as a Transaction Manager and has facilitated deals for various national and global occupier clients, including charitable organizations and companies in the social, utilities, energy and retail sectors.

 

 Her diverse professional background includes time in real estate law, economic development and real estate development.

 

In 2013, Ms. Laney Barr transitioned from law to a role with the Economic Development Corporation of Utah, where she ultimately served as Vice President of Business Development..

 

“We’re pleased to announce Erin’s promotion to market leader. Her reputation and long-held relationships throughout the community and industry will serve us and our clients well,” said Paul Komadina, Senior Managing Director for CBRE in Phoenix.

 

Paul Komadina

 “Erin has a bold vision for where our business can go, and I’m excited to see her collaborate with our Salt Lake City professionals to make that vision come to fruition.”

 

Laney Barr holds a bachelor’s degree in economics from the University of Utah and a Juris Doctorate from Thomas Jefferson School of Law.

 

She currently serves on the board of directors for The Salt Lake Tribune. In addition, Erin participated in Harvard Business School’s Young American Leaders Program in 2019, and she was recognized as one of Utah Business Magazine’s “40 Under 40” in 2018.

 

CONTACT:

Justin Luera
Senior Corporate Communications Specialist
CBRE | Corporate Communications
T +1 248 936 6896 | C +1 915 383 6064
justin.luera@cbre.com | www.cbre.com