496-UNIT ORLANDO APARTMENT COMPLEX SOLD FOR $57.7 MILLION

ORLANDO, FLA. — Shelton Granade and Luke Wickham of CB Richard Ellis’ Orlando office represented Colonial Properties Trust in its sale of the 496-unit Colonial Grand at Hunter’s Creek to an undisclosed buyer for $57.7 million. The apartment complex is located across from the Hunter’s Creek Golf Course on John Young Parkway in Orlando.