JLL Arranges Sale, Financing for Retail Center in Orlando

by Alex Tostado

Orlando, Fla. — JLL has arranged the $8.5 million sale of Premium Shoppes at Lake Buena Vista, a 26,148-square-foot retail center in Orlando. The property was fully leased at the time of sale to tenants including Carrabba’s Italian Grill, Panera Bread, Verizon Wireless, Escape Room and Tropical Smoothie Café. Premium Shoppes is located at 8600 Vineland Ave., two miles from the entrance of Walt Disney World. Tarik Bateh, Carson Good (now with Good Capital Group), Jennifer Swanson, and Jennifer Ayers of JLL represented the seller, an affiliate of Orlando-based Intram Investments, in the transaction. In addition, the JLL team arranged a $5.6 million acquisition loan on behalf of the buyer, West Second Street Associates. Ameris Bank provided the five-year, fixed-interest rate loan.

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