1.14 MILLION-SQUARE-FOOT ORLANDO SHOPPING CENTER SOLD

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ORLANDO, FLA. — Dennis Carson and George Good of CB Richard Ellis have represented an affiliate of St. Petersburg, Fla.-based The Sembler Company in its sale of the 1.14 million-square-foot Winter Garden Village to an affiliate of Cole Real Estate Investments for an undisclosed amount. The open-air shopping center, located on 161 acres at the intersection of State Road 429 and State Road 535 in Orlando, is anchored by SuperTarget, Lowe’s Home Improvement Warehouse, Best Buy, Barnes & Noble, Marshalls and Staples. Michael Strober of CB Richard Ellis Capital Markets arranged financing for the transaction through Northwestern Mutual.

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