Hoffner Commerce

Marcus & Millichap Brokers $22 Million Sale of Retail Property in Orlando

by Julia Sanders

Orlando, Fla. — Marcus & Millichap has brokered the $22 million sale of Hoffner Commerce Center, a 93,749-square-foot retail property in Orlando. Located at 5449 S. Semoran Blvd., the 53-suite building was 93 percent occupied at the time of sale by tenants including Herbalife, Labcorp and State Farm Auto Insurance. Salim Valiani and Andrew Jaworski of Marcus & Millichap represented the seller, Hoffner Center LLC, and procured the buyer, Arturo Borges of Avanti Way Capital, in the transaction.

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