ORLANDO—Errol Plaza, a 71,490-square-foot Winn-Dixie-anchored retail center in Apopka, FL, has traded for $6.125 million. Kimco Realty sold the asset to Suso 1 Errol, a fund indirectly managed by Slate Properties.
HFF managing directors Brad Peterson and Danny Finkle, along with associate director Michael Weinberg, led the team representing Kimco. Slate Properties is a Toronto-based commercial real estate investor and asset manager.
“This sale is another example of how investors are expanding their acquisition criteria within the grocery-anchored space in Florida,” Peterson tells GlobeSt.com. “Over the past month, HFF has closed grocery-anchored investments anchored by Publix Supermarkets, Wal-Mart Neighborhood Market, Sweetbay Supermarkets and now Winn-Dixie. “
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
