facebook
Traded Co logo
Submit

11North Partners Acquires Retail Asset From Washington Prime Group For $59.5M In Altamonte Springs

Property Image
SOLD
$59,500,000
Kim Flores
Danny Finkle
+ 2

Florida

See Similar Deals
Retail285,000 SF
Sold 05/07/2026
the dealplayerscompscontact
Property Image
SOLD

11North Partners Acquires Retail Asset From Washington Prime Group For $59.5M In Altamonte Springs

280 Florida Highway 434

See Similar Deals
Retail285,000 SF
Sold 05/07/2026
Kim Flores
Danny Finkle
+ 2
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$208
Total Square Footage:285,000 SF
Transaction Type:Sale

The property asset involved in this transaction is located at 280 Florida Highway 434 in Altamonte Springs. The retail asset encompasses a total area of 285,000 square feet and was sold for a price of $59,500,000, resulting in a price per square foot of $208.

Summary of transaction details:

Key individuals and companies involved in this transaction include the buyer, 11North Partners, and the seller, Washington Prime Group. The brokerage team representing the transaction consists of Danny Finkle, Jorge Portela, Kim Flores, Evan Lahr, and Jacob Wise from JLL, specifically within the Florida retail market.

Players

Danny Finkle
57 deals$3.9B volume
BROKER

Kim Flores
JLL
35 deals$3.2B volume
BROKER

Jorge Portela
JLL
23 deals$1.6B volume
BROKER

Evan Lahr
JLL
8 deals$987.4M volume
BROKER

Jacob Wise
JLL
7 deals$934.4M volume
BROKER

11North Partners
BUYER

Details

SOLD
IMAGE: Jacob Wise, Evan Lahr, Jorge Portela, Kim Flores & Danny Finkle DATE: 05/07/2026 ADDRESS: 280 Florida Highway 434 MARKET: Altamonte Springs ASSET TYPE: Retail BUYER: 11North Partners SELLER: Washington Prime Group (@WPGSocial) BROKERS: Danny Finkle, Jorge Portela, Kim Flores, Evan Lahr & Jacob Wise - JLL Florida Retail (@JLL_FL_Retail) - JLL SALE PRICE: $59,500,000 SF: 285,000 ~ PPSF: $208

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,173,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$211,390.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$282,060.36
Annual Debt Service$3,384,724.27