Aloma International Properties Inc Acquires Oak Ridge Plaza In Orlando For $12.3M

The property involved in the sale is Oak Ridge Plaza, a 75,701-square-foot commercial asset located at 2332 W. Oak Ridge Road in Orlando, Florida. The property was acquired by Aloma International Properties Inc from an entity known as 2332 West Oak Ridge Road LLC for $12.3 million. Oak Ridge Plaza was 97 percent leased at the time of the transaction to 19 tenants, including well-known brands like Family Dollar, Biomat USA, La Familia Pawn, United Temps, and Boost Mobile.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $12,300,000.00
• Address: 2332 W Oak Ridge Rd, Orlando, FL
• Market: Orlando
• Seller's Rep: Nick Ledvora(LH Capital Partners)
• Buyer: Aloma International Properties Inc
• SF: 75701

Nick Ledvora of Marcus & Millichap’s Orlando office played a key role as the seller's representative in the deal. He facilitated the acquisition of Oak Ridge Plaza by Aloma International Properties Inc. The buyers and sellers involved in this transaction were instrumental in the successful sale of the property. Oak Ridge Plaza's high occupancy rate and diverse tenant base made it an attractive investment opportunity in the Orlando market.