InvenTrust acquires two Florida retail centers for $63.5M
DOWNERS GROVE -- InvenTrust Properties Corp. recently acquired two centers in Winter Park, Florida totaling 76,000 square feet for $63.5 million.
Lakeside Winter Park and Lakeside Crossing are located across the street from each other on Orlando Avenue, the main retail corridor in Winter Park, and five miles north of Orlando. The property features a number of restaurant and service-oriented retail tenants such as Shake Shack, Bulla Gastropub, OrangeTheory Fitness, Pearle Vision and Guidewell Emergency.
"Through the acquisition of Lakeside, we are further enhancing our presence in Florida," said Christopher Covey, senior vice president of transactions for InvenTrust.
InvenTrust Properties Corp. is a retail company with a focus on acquiring grocery-anchored open-air centers in key growth markets.