Avison Young Arranges $20 Million Sale of Retail Center in Daytona Beach

Daytona Beach, Fla. — Avison Young has arranged the $20 million sale of Volusia Marketplace, a 131,361-square-foot shopping center located across from the Daytona International Speedway in Daytona Beach, Florida.

John Crotty, Joshua Ladle, Steve Tanner and Ray Hayhurst of Avison Young arranged the sale to Festival Properties Inc. on behalf of the undisclosed seller. Volusia Marketplace’s tenant roster includes Big Lots, Cost Plus World Market, T-Mobile, Panera Bread, Chipotle Mexican Grill, Ashley Furniture HomeStore, Jo-Ann Stores and Batteries + Bulbs. The property was 100 percent occupied at the time of sale.