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ORLANDO—Group Kirkman has sold the 18-acre International Festival Shopping Center here to Intram Investments, a locally-based real estate development and restaurant investment company. The new owner will upgrade the landscaping and curb appeal of the property while the current leases are in place and will be exploring ideas for a mixed-use project.

Orlando-based Smith Equities Real Estate Investment Advisors represented Group Kirkman. Located at the Northeast corner of North International Drive and S. Kirkman Road, this site is one of the first redevelopment deals directly related to the 1.7 mile Kirkman Road Extension which will connect Universal Studios and the Epic Universe theme park currently under construction.

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