Marcus & Millichap Sells Shoppes Of Southland Retail Property In Orlando For $5M

Marcus & Millichap sold Shoppes of Southland, a retail property located at 7400 Southland Boulevard in Orlando, Florida. The property was sold for $5 million, with a total square footage of 22,075 and a price per square foot of $227. The transaction took place on July 21, 2023.

Summary of transaction details:

• Property Type: Retail
• Sale Price: $5,000,000
• Square Footage: 22,075
• Price per Square Foot: $227
• Address: 7400 Southland Boulevard, Orlando
• Market: Orlando

The sale of Shoppes of Southland was facilitated by the brokers Salim Valiani, Tarek Chbeir, and Braden Dwyer, who are affiliated with Marcus & Millichap. The acquisition financing of $2.75 million was arranged by Garrett Fierstein from Marcus & Millichap Capital Corporation. Their expertise and efforts played a crucial role in closing the deal successfully.

It's worth noting that Marcus & Millichap not only facilitated the sale but also secured financing for the property. This demonstrates their comprehensive services and expertise in the commercial real estate market.