Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORLANDO-The 17-year-old, 171,000-sf Apopka Regional Shopping Center in suburban Apopka, FL is under new ownership today. Apopka Regional Center LLC from Garden City, NJ, paid Zapolski & Rudd $12 million, or $70.18 per sf, for the 90%-leased property 15 miles northwest of Downtown Orlando. Buyer and seller are private investor groups.

Marcus & Millichap Real Estate Investment Brokerage Co., which handled the deal, says in a prepared statement the fully-renovated property is in a market area “considered the second fastest growing market in the nation.”

Marcus & Millichap declined to disclose the names of buyer and seller to GlobeSt.com. But the parties’ identities were confirmed to GlobeSt.com by Real Capital Analytics and Orange County real estate tax records. Apopka Regional Center LLC lists its Garden City address as the law offices of Finkle, Ross & Rost LLP.

The center is anchored by a 29,000-sf Kash ‘N Karry and a 26,421-sf Big Lots. Other tenants are Beall’s Outlet, KnK Liquor Store, Goodwill, Eckerds, Payless Shoes, GNC and Sally Beauty Supply.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.