Iconic Retail Asset Begins New Chapter

ORLANDO—“It was amazing how many investors knew the asset from personal family vacations they had made to the area.”

The retail property sits directly in front of the 5,000-person Daytona Beach Bandshell amphitheater between both the 744-room Hilton Daytona Beach and the 710-room Wyndham Ocean Walk.

ORLANDO—Ocean Walk Shoppes, a 110,646-square-foot, open-air movie theater-anchored entertainment and retail center in Daytona Beach, FL, has traded hands. The iconic retail asset sold for $7.65 million.

HFF represented the seller, an entity related to LNR Property. Dundas Real Estate Investment purchased the asset free and clear of existing debt.

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Jennifer LeClaire

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