The property involved in this transaction is a retail shopping center known as Volusia Square, located at 2455 West International Speedway Boulevard in Daytona Beach. The asset comprises 193,923 square feet and was sold for a total price of $26,400,000. The property is currently 97.2% leased to various tenants, including Urban Air Adventure Park and Ollie’s Bargain Outlet, and features three retail outparcels home to brands like Buffalo Wild Wings, Arby’s, Lenscrafters, and Cava.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $26,400,000
• Square Footage: 193,923
• Address: 2455 West International Speedway Boulevard
• Market: Daytona Beach
• Buyer: Isaac Pretter & Eron Sodie - Mosaic Realty Partners
• Seller: Mark Kalkus - Lamar Cos.
• Brokers: Brad Peterson & Whitaker Leonhardt - Colliers
• Price Per Square Foot: $136

This transaction was facilitated by the brokerage firm Colliers, which played a significant role in the sale process of the shopping center. The brokers involved, Brad Peterson and Whitaker Leonhardt, represented the sellers, allowing for a smooth transaction between Mark Kalkus of Lamar Cos. and the buyers from Mosaic Realty Partners.