Core Investment Management Acquires Orlando Square Shopping Center In Orlando For $25.1M

Core Investment Management has acquired Orlando Square, a 183,877-square-foot shopping center located at 1700 Sand Lake Road in Orlando, Florida. The property was sold by Apollo Global Management Inc. for a total of $25.1 million. This transaction represents a 43% appreciation in value since the property's last sale in 2019.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $25,100,000
• Square Footage: 183,877
• Purchase Price per Square Foot: $137
• Address: 1700 Sand Lake Road, Orlando, Florida
• Market: Orlando

Jim Michalak and Jeff Berkezchuk, representing Core Investment Management, facilitated the transaction as the buyer's brokers.

Core Investment Management plans to make improvements to Orlando Square and enhance its tenant mix.