SMD Purchases Avamar Crossing

Jun 07, 2012 No Comments by

Southern Management and Development, L.P. has purchased the 43,200-square-foot Avamar Crossing retail/office center in Winter Garden for an undisclosed price from lender Fifth Third Bank.

Built in 2008, Avamar Crossing is located just west of Orlando, between Winter Garden and Walt Disney World, at the intersection of Marsh Road and Avalon Road (CR 545).

Boca Raton-based Southern Management and Development (SMD) will provide leasing and property management.

An outparcel fronting on Marsh and Avalon Roads is available on the property, and SunTrust has purchased another outparcel.

Avamar Crossing is the latest addition to the 3.9 million-square-foot retail portfolio the company owns and manages.

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Industrial, Industry News, NA, Retail
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