KPR Centers Sells 174,037 SF Retail Center In Orange Park Florida With Cushman & Wakefield

The sale involved a retail asset known as Bolton Plaza, which spans 174,037 square feet and is located at 661 Blanding Boulevard in Orange Park, FL. This fully leased grocery-anchored center is occupied by national retailers including Aldi, Academy Sports + Outdoors, LA Fitness, and Marshalls.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Undisclosed
• Address: 661 Blanding Boulevard
• Market: Orange Park, FL
• Asset Size: 174,037 SF
• Seller: Daniel Katz - KPR Centers
• Brokers: Mark Gilbert, Adam Feinstein & Mitchell Halpern - Cushman & Wakefield

The brokerage team from Cushman & Wakefield facilitated the transaction on behalf of KPR Centers, successfully selling the property to a private investor. The deal illustrates the ongoing demand from investors in stabilized suburban retail properties that offer reliable cash flow.