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Florida & Gulf Coast  + Central Florida  + Retail  | 
Franklin Street has brokered the $11-million sale of Tuskawilla Park between seller Cohen Investment Group and buyer Terra Equity Group.

Terra Equity Group Lands 49K-SF Mixed Use in Orlando Suburb for $11M

Pembrook Pines, FL-based Terra Equity Group has completed the $11-million purchase of Tuskawilla Park, a 45-unit, 48,780-square-foot mixed-use property in the Orlando suburb of Winter Springs, FL.

Franklin Street’s Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the sale on behalf of both Terra Equity Group and the seller, Norfolk, VA-based Cohen Investment Group.

“Tuskawilla Park offered an investor the opportunity to acquire a well-maintained asset with highly desired walkability to numerous retailers, restaurants and services that has helped keep occupancy rates high,” said Kattan. “The property has proven value-add potential, and the ability to continue upgrading unit interiors and community amenities will create the ideal multifamily investment in today’s competitive market.”

Tuskawilla Park, which includes 41 condo-quality apartments and four ground-floor commercial units, is walkable to Publix, Starbucks, Tijuana Flats, Care Now Urgent Care and other retailers and services. The 2009-constructed property is comprised of two three- and four-story buildings covering 1.57 acres.

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Franklin Street's Kattan

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
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