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EIS Brokers $6M Sale of Kissimmee Strip Center
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.”
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- ◦Sale/Acquisition
