Marcus & Millichap Brokers $10.1M Sale of Old Time Pottery-Anchored Shopping Center

OCOEE, FLA. — Marcus & Millichap has brokered the $10.1 million sale of Towne Square shopping center, a 126,163-square-foot Old Time Pottery-anchored retail center at 11029 W. Colonial Drive in Ocoee, a city in Orange County. Old Time Pottery occupies 67 percent of the center, and the property was 100 percent occupied at the time of the sale, according to Marcus & Millichap. A Mobil gas station, McDonald’s, BMO Harris Bank and Arby’s are outparcels at Towne Square, and its major tenants include ACE Cash Express, Chokshi Dental, Jackson Hewitt Tax Service, Opti-Works, Papa John’s Pizza and Yoshi Steakhouse & Sushi Bar. Ray Turchi and Chris Travis of Marcus & Millichap’s Orlando office represented the undisclosed seller in the transaction. Turchi and Travis also procured the buyer.