Inland paid 2140 SCT Corp. of Newport Beach, CA $113.52 per sf for the seven-year-old retail asset at the northwest corner of Curry Ford Road and Chickasaw Trail in south Orlando.

"This property is located in one of the fastest-growing areas in the nation, just north of the Orlando International Airport," Steve Sanders, senior vice president, Inland Real Estate Acquistions Inc., tells GlobeSt.com. "As with any real estate, location is a key factor in selecting properties," Sanders says. "Having several properties in close proximity helps cut costs for management, which translates into better value for shareholders."

The center's tenant roll includes 15 shops such as Blockbuster Video, Great Clips, Subway, State Farm Insurance, Radio Shack and Giovanni's Restaurant. A 47,813-sf Publix Supermarket store anchors the property.