Limestone Asset Management Acquires Two Outparcels Near Orlando’s Mall at Millenia for $10.4 Million

Orlando, Fla. — Miami-based Limestone Asset Management has acquired two outparcel buildings totaling 14,075 square feet near Orlando’s Mall at Millenia for $10.4 million. Acquisitions include a 5,530-square-foot AT&T store located at 4006 Conroy Road; and a two-tenant outparcel featuring a 5,045-square-foot Panera Bread and a 3,500-square-foot Shake Shack at 4060 Conroy Road. The Mall at Millenia comprises more than 1.1 million square feet and includes anchors such as Macy’s, Neiman Marcus and Bloomingdale’s. The property is located at 4200 Conroy Road, six miles southwest of downtown Orlando. Kevin Sanz of Orion Real Estate Group represented Limestone in the purchase. Patrick Luther of SRS represented the undisclosed seller of the AT&T store. Ocean Bank provided acquisition financing.