Kissimmee Shopping Center Picked Up by IMC Equity Group Affiliate
- Jan 29, 2016
By Balazs Szekely, Associate Editor
Kissimmee, Fla.—Kissimmee Shopping Center, a 130,168-square-foot shopping destination has recently been acquired by Finance and Acquisitions LLC, a Miami-based real estate operator affiliated with IMC Equity Group. Kissimmee Value Outlet Shops LLC was the seller.
Located at 4673 West Irlo Bronson Highway in Kissimmee, in the northeast quadrant of the intersection of U.S. 192 and Old Vineland Road in Osceola County, the property is positioned midway between two Walmart Supercenters, as well as Target, Publix and Sam’s Club. The plaza was built in 1984 and later expanded, and includes a one-acre outparcel suitable for future development. Nike Clearance Center, Dollar Tree, Beall’s Outlet and Tommy Hilfiger Outlet are among the center’s tenants.
CBRE’s Retail Investment Properties team that arranged the sale was led by First Vice President Daniel Baker, who represented the seller on an exclusive basis. The buyer was represented by Todd Snyder and Mel Miller of Gene Snyder & Co. of Miami.
Photo credit: CBRE