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Florida & Gulf Coast  + Central Florida  + Retail  |  September 3, 2020
David Cohen
By: David Cohen

Publix-Anchored Shopping Center in Orlando Trades for $8M

JLL has arranged the $7.6 million sale of Columbia Promenade, a 65,853-square-foot, Publix-anchored shopping center in the Kissimmee area of Orlando. Completed in 2000, the 92% leased center is located at 1251 W. Columbia Ave.

Brad Peterson, Whitaker Leonhardt and Tommy Isola of JLL represented the undisclosed seller in the transaction. The property was marketed in coordination with Ten-X. The buyer was PMAT Cos.

“Grocery-anchored assets are our ‘bread and butter,’ and we are excited to close on yet another Florida grocery-anchored center after focusing primarily on opportunities in the Midwest recently,” said Kevin Kush, president at PMAT. “In fact, this transaction is our second Publix-anchored acquisition in the last two months.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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