Limestone Asset Management Acquires Two Outparcels Outside Orlando’s Mall at Millenia for $10M
Miami-based Limestone Asset Management has acquired two outparcels, totaling 14,075 square feet, around Orlando’s Mall at Millenia for $10.4 million.
One outparcel includes a 5,530-square-foot AT&T store, located at 4006 Conroy Road. The second includes a 5,045-square-foot Panera Bread and a 3,500-square-foot Shake Shack, located at 4060 Conroy Road. Mall at Millenia comprises more than 1.1 million square feet and includes anchors such as Macy’s, Neiman Marcus, and Bloomingdale’s. The property is located at 4200 Conroy Road, six miles southwest of downtown Orlando.
Kevin Sanz of Orion Real Estate Group, represented Limestone Asset Management in the acquisition. The undisclosed seller of Panera Bread and Shake Shack brought the off-market deal directly to Orion before marketing it. Patrick Luther of SRS represented the undisclosed seller of the AT&T store. Ocean Bank is providing financing.
- ◦Sale/Acquisition