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ORLANDO, FLA. — FrostPoint Capital has purchased Bridgewater Commons, a shopping center in Orlando, from Fort Lauderdale, Fla.-based HS Capital for $9.9 million.
Winn-Dixie anchors the 62,460-square-foot retail center, which is shadow-anchored by a CVS/pharmacy outparcel that was not part of the transaction. Other tenants include Subway, Avalon Dance Studio, Two Guys Pizzeria, Amigos Barbershop, New Shang Hai Restaurant, Winn-Dixie Liquors and Greenberg Dental.
Kirk Olson and Drew Kristol of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the seller and procured the West Palm Beach, Fla.-based buyer in the deal.