HFF Arranges $5.4 Million Sale, $3.8 Million Acquisition Financing for Retail Center in Central Florida

by Camren Skelton

Lake Mary, Fla. — HFF has arranged the $5.4 million sale of the Shoppes of Lake Mary, a 38,495-square-foot shopping center in Lake Mary, located 20 miles north of Orlando.

Brad Peterson, Whitaker Leonhardt and Michael Brewster of HFF arranged the transaction on behalf of the seller, Tower Realty Partners Inc. Michael Weinberg and Rebecca VanReken of HFF arranged a five-year, $3.8 million, floating-rate loan through Florida Community Bank N.A. on behalf of the buyer, Galium Capital. Shoppes of Lake Mary is home to 16 tenants, including Altamonte Pediatrics, Painting with a Twist, French Quarter Exchange, Dalli’s Pizzeria, Lighthouse Seafood and Lake Mary Dry Cleaners.

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