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Fern Park, Fla. — HFF has arranged the $10 million sale of, and secured $7.4 million in acquisition financing for Main Street Square, a 108,509-square-foot shopping center located in the Orlando suburb of Fern Park.
The Winn-Dixie anchored property is 99 percent leased to tenants including Goodwill of Central Florida and Humana. Luis Castillo, Whitaker Leonhardt and Richard Reid of HFF represented the seller, The Nightingale Group LLC, in the transaction. Michael Weinberg and Matthew Sand, also of HFF, worked on behalf of the new owner, Gramercy Property Group LLC, to secure a 10-year, fixed-rate acquisition loan with JPMorgan.