ORLANDO—CBRE is getting brand-name retail deals deals done. In two separate deals, CBRE closed on the sale of Lakeside Village Center, a Publix-anchored shopping center in Windermere, FL, and the sale of adjoining McDonald's and 7-Eleven outparcels.
CBRE's National Retail Investment Group and Net Leased Property Group represented the seller, a joint venture between Orlando-based Boyd Development Corporation and Ram Realty Partners II LP. An institutional investor acquired Lakeside Village Center. Private investors acquired the outparcels, all in separate transactions for undisclosed prices.
Lakeside Village Center, a 74,964-square-foot shopping center located at 7880 Winter Garden Vineland Road, was 100% leased at the time of the sale. The two outparcels, leased by McDonald's and 7-Eleven, respectively, were marketed separately to maximize value for the owner.
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.
