Continental Realty Corp. Buys Metro Orlando Shopping Center

Feb 04, 2015 No Comments by

Baltimore-based Continental Realty Corp. has purchased Towne Square Shopping Center, a 126,000-square-foot retail center located at 11029 W. Colonial Drive in Ocoee, a suburb of Orlando.

Continental Realty purchased the asset for $10.1 million through CRC Fund III LP, the company’s value-add retail and multifamily investment fund.

The center is currently 95 percent occupied and is anchored by an Old Time Pottery.

Ray Turchi of Marcus & Millichap’s Orlando office represented the seller in the transaction.

 

Source: REBusiness

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Industry News, NA, Retail
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