ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
A joint venture between a publicly traded company and a real estate investment trust has bought a Publix-anchored shopping center in Seminole County.
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Cohen & Steers Income Opportunities REIT Inc. partnered with Phillips Edison & Co. (NASDAQ: PECO) to buy the 142,000-square-foot Oak Grove Shoppes from AGRE Oak Grove Owner LLC on Jan. 17 for $40.1 million, Seminole County records show.
The property last traded hands for $9 million in 2017, though its highest listed sales price was $29.93 million in 2007.
Click here to read the full story on the Orlando Business Journal’s website.
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