Island Management has acquired a retail property in Orlando located at 27405 Us Route 27. The property spans 61,220 square feet and was sold for a price of $6,262,000, reflecting a price per square foot of $102. The transaction took place between buyer Island Management and seller Thomas Oakley, with representation from brokers Daniel Baruch and Ari Warshaw of Legacy Realty Group Advisors.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,262,000
• Square Footage: 61,220
• Price per Square Foot: $102
• Address: 27405 Us Route 27, Orlando
• Buyer: Island Management
• Seller: Thomas Oakley
• Brokers: Daniel Baruch & Ari Warshaw - Legacy Realty Group Advisors

The acquisition of this retail property in Orlando showcases the active involvement of Island Management in expanding its portfolio. Led by brokers Daniel Baruch and Ari Warshaw, Legacy Realty Group Advisors played a significant role in facilitating the successful transaction. This strategic move allows Island Management to further establish its presence in the commercial real estate sector in Orlando.