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Last Updated ( Friday, 06 June 2014 15:30 )
DATE_FORMAT_LC2=Friday,June 06 2014 12:00:00 am EDT   
CREC Brokers $8.5 Million Sale of Parkway Plaza in Orlando

Parkway Plaza webJ-9 Land Partners LLP, a private investment firm based in Ormond Beach, Fla., bought Parkway Plaza for $8.5 million.Orlando, Fla. – Continental Real Estate Cos. (CREC) has arranged the $8.5 million sale of Parkway Plaza, a 65,000-square-foot shopping center located one-half mile from The Mall at Millennia in Orlando. The Publix-anchored property is located at the crossroads of American Boulevard and John Young Parkway. Warren Weiser and Harry Blyden of CREC represented the seller, a tenant-in-common (TIC) ownership group managed by Los Angeles-based National Asset Services. The buyer was J-9 Land Partners LLP, a private investment firm based in Ormond Beach, Fla. Parkway Plaza is 95 percent leased to Publix, Chase Bank, Radio Shack, Subway and Little Caesar's Pizza.

— John Nelson






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