DAYTONA BEACH, FL—Ormond Beach Mall, a 102,170-square-foot grocery-anchored shopping center in Ormond Beach, FL, has a new owner. Stiles snapped up the asset from Odyssey IX DP II, LLC, an entity affiliated with Lakeland, Florida-based Odyssey Diversified Properties, Inc.
HFF senior managing director Danny Finkle, director Luis Castillo and associate Kim Flores represented Odyssey. This sale marks the 18th successful retail center transaction HFF has closed in Florida in 2012.
“The opportunity to acquire a recently redeveloped center with a long-term Publix lease on a barrier island is rare in Florida and made Ormond Beach Mall a highly sought after opportunity,” commented Finkle.
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