TCB-WCO Acquires Retail Property In Orlando For $17 Million With Buyer's Rep Michael Smith & Seller's Rep Jose Sasson | 7038-7300 West Colonial Drive | Michael Smith, Jose Sasson Lerner | Retail | Sale

Summary

Sale

FLORIDA

Retail

160,792 sqft

The retail property located at 7038-7300 West Colonial Drive in Orlando has been sold for a transaction amount of $17,000,000. The property spans a total area of 160,792 square feet and is situated on 18 acres of land. The sale price per square foot is approximately $106, and the price per acre is roughly $944,444.

Summary of transaction details

Property Type: Retail
Transaction Amount: $17,000,000
Address: 7038-7300 West Colonial Drive, Orlando
Market: Orlando

The buyer in this transaction is TCB-WCO, an affiliate of Newport Capital Partners, represented by Michael Smith from Sands Investment Group. On the other hand, the seller is WCO Capital, an affiliate of Triarch Capital Group. The seller was represented by Jose Sasson from Axiom Capital Advisors.

Players

All
3

Agents
2
Agencies
1

Michael Smith

Investment Sales Advisor

$17M Sold

Jose Sasson Lerner

Principal

$528.8M Sold

AXIOM Capital Advisors

Details

Deal Summary

SOLD

IMAGE: Jose Sasson DATE: 07/13/2021 ADDRESS: 7038-7300 West Colonial Drive MARKET: Orlando ASSET TYPE: Retail BUYER: TCB-WCO - an affiliate of Newport Capital Partners SELLER: WCO Capital - an affiliate of Triarch Capital Group BUYER'S REP: Michael Smith - Sands Investment Group SELLER'S REP: Jose Sasson - Axiom Capital Advisors SALE PRICE: $17,000,000 SF: 160,792 ~ PPSF: $106 ACRES: 18 ~ PPA: $944,444

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Address7038-7300 West Colonial Drive

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