March 5, 2020
Equity Investment Services has brokered the $6.2 million sale of Osceola Shops, a 12,420-square-foot retail center in Kissimmee. Nick Barbato and Eric Portnoy of EIS represented the New York-based buyer in the transaction. The seller was represented by Cushman & Wakefield.
Osceola Shops consists of three tenants, Navy Federal Credit Union, Mattress One, and Verizon Wireless, and is located as an outparcel to Lowe’s Home Improvement at 1310 W Osceola Parkway.
“The buyer has been a client of ours for several years, as our firm oversees the leasing and management of their other central Florida assets,” said Portnoy, a senior associate at EIS. “What attracted us to this opportunity was the robust retail growth that has continued to develop along this corridor of Osceola Parkway and John Young Parkway.”
For comments, questions or concerns, please contact David Cohen