John Crossman Of CrossMarc Capital LP Acquires The Food Factory In Oviedo For $8.3M

The retail asset located at 888 City Walk Lane in Oviedo, Florida, has been sold for $8,300,000. This transaction involves a property with a total square footage of 14,000, reflecting a price per square foot of $593.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,300,000
• Square Footage: 14,000
• Address: 888 City Walk Lane
• Market: Oviedo, FL

John Crossman, representing CrossMarc Capital LP, has acquired The Food Factory at Oviedo on the Park through this transaction. The deal includes the purchase of an adjacent parcel where plans are in place for a new 3,894-square-foot retail building. It has already been confirmed that 1,200 square feet of this new space is preleased to Kilwins. Michael Collard Properties was the broker involved in this transaction.