Cushman & Wakefield Arranges Sale of 7-Acre Land Parcel at Posner Park

Aug 11, 2020 No Comments by

Cushman & Wakefield has arranged the sale of a 7-acre land parcel at Posner Park, a mixed-use development located in Davenport, within the Orlando MSA.

Andy Slowik and Margery Johnson of Cushman & Wakefield represented the seller, an affiliate of BTI Partners, in the transaction. Eastwind Development acquired the property and is planning a 55+ apartment community for the site.

 

“The high traffic counts on both Interstate 4 and US 27 at this interchange contribute to the attractiveness of Posner Park,” Slowik said.

This is the fourth parcel of land Cushman & Wakefield has sold at Posner Park, and the additional parcels are set to be developed as multifamily, short-term rental and light industrial uses. Posner Park, a $500 million mixed-use development, located in the Orlando tourism corridor, currently includes a 170,000-square-foot retail center.

 

“Retail adjacent to the site contributes to walkable amenities for future tenants,” Johnson added.

 

 

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Industry News, Land, Multi-Family, NA
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