ORLANDO, FLA. (December 17, 2012) – SRS Real Estate Partners facilitated the sale of a 32.14 acre parcel at 12281 East Colonial Drive in Orlando, Fla. Positioned at the northwest corner of East Colonial Drive and the recently completed Woodbury Road extension, this planned development is expected to contain a grocery store with adjacent shop space and multiple outparcels.
“SRS was excited to contribute toward the expansion of the East Orlando commercial market,” said John Artope, executive vice president and market leader for the SRS Orlando, Tampa and South Florida offices. “This is a highly trafficked submarket with limited first generation space for expanding retailers. It’s ideal positioning will allow both the University of Central Florida and Waterford Lakes populations to take full advantage of this future development.”
John Artope with SRS Real Estate Partners represented the seller, Astar 12203 East Colonial Drive – Orlando LLC, in the transaction. The purchaser was Halvorsen Real Estate Corporation.
About SRS Real Estate Partners
SRS Real Estate Partners (SRS) is the largest national real estate company in the country exclusively dedicated to retail services. Headquartered in Dallas with multiple offices nationwide, SRS’ strong presence across the country provides the company with unparalleled local knowledge on a national platform. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and managed services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. For more information, please visit srsre.com.
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