Phillips Edison & Company acquires Alafaya Square
United States, Oct. 9 -- JLL Capital Markets announced today the sale of Alafaya Square, a 168,532-square-foot grocery-anchored retail center located at 81 Alafaya Woods Blvd. in Oviedo, Florida. The transaction represents the largest single-asset retail sale in Seminole County history.JLL represented the seller, a joint venture between MCB Real Estate and an institutional investor, in the transaction. Phillips Edison & Company acquired the asset.Alafaya Square is a 96%-occupied neighborhood shopping center situated on approximately 21.1 acres in Seminole County within the Orlando metropolitan area. The center is anchored by Publix and features a complementary mix of national and regional tenants including Planet Fitness, IHOP, Keller Willi...
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