Jun
26
West Colonial Oaks Mall Sells After Only Three Months on the Market
ByThe 160,000-square-foot property, marketed by Avison Young, presents value add opportunities.
West Colonial Oaks Orlando
Orlando. Fla.—Avison Young announced the sale of West Colonial Oaks shopping center to Triarch Capital Group for $16.5 million. The transaction took place 90 days after the property hit the market. John Crotty, certified commercial investment member and principal, Joshua Ladle, associate, Steve Tanner, senior VP, and Ray Hayhurst, senior VP, represented the seller, Noble Properties.
West Colonial Oaks Mall offers more than 160,000 square feet of retail space, with a current occupancy rate of 91 percent. The shopping center is located in a heavily-trafficked area at 7150-7300 W. Colonial Drive in Orlando, Florida, near State Road 408—Orlando’s East/West Expressway. Area demographics show there are over 125,000 inhabitants within a three-mile radius…
West Colonial Oaks Mall Sells After Only Three Months on the Market
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