$27M Orlando shopping center sale

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The Colonial Promenade Wekiva shopping center in Orlando, Fla., recently sold for $27.2 million to an in-state developer. The 208,568-square-foot property, located at 2121 E. Semoran Blvd., was anchored by a 25,806-square-foot United Artists Theatre and a 57,860-square-foot Winn Dixie supermarket at the time of sale. Boca Raton-based Woolbright Development purchased the center from an unidentified seller. Property tenants with triple-net leases at the time of sale included Fred's, Haircuttery, Blockbuster Video and Curves for Women. ...