The 11-year-old, 147,214-sf CrossRoads was courted by a band of buyers who were attracted by the shopping center's 96% occupancy level and its tenant retention ratio of almost 100% since opening at the Buena Vista entrance to the Walt Disney World Resort. Gooding's Supermarket, a 30-year-old, family-founded/operating grocery chain, is the anchor at the 42-acre CrossRoads.

The brick and cedar shake exterior-finished center is instantly identified by tourists and residents entering the Disney resort. Among the restaurant tenants are Chevy's, Red Lobster, Jungle Jim's, Pizzeria Uno and McDonalds. A Pirate's Cove miniature golf course is part of the layout.

Mark De Riemer, senior vice president of capital markets in the New York office of Jones Lang LaSalle, did the deal. "Investors recognized the value of this location and the security of an income stream that includes a significant component of revenue from value-oriented family dining establishments and necessities retailers such as grocers," Riemer says in a prepared statement.