Southeast

KISSIMMEE, FLA. — Michael Jaworski of Marcus & Millichap’s Tampa represented the seller, a Florida-based developer, in the disposition of a Walgreens location in Kissimmee. Located at 5180 U.S. Highway 192, the 14,490-square-foot retail property sold for $5.6 million. The investment is a fee simple, new construction triple-net property, which opened last year. Paul Nudelman of Marcus & Millichap’s Miami office represented the buyer, a Florida-based limited liability company, in the transaction.

OSPREY, FLA. — Fort Myers, Fla.-based J.L. Wallace Inc. has completed the construction of a CVS/pharmacy location at Blackburn Point and U.S. Highway 41 in Osprey. The 13,013-square-foot project includes a drive-thru area, an extensive aluminum storefront work, automatic glass doors, a prefabricated entry trellis, a single-ply roof system over lightweight concrete, building signage, a compactor enclosure and monument signs. Additionally, the project included extensive site work and the interior features detailed cabinetry, shelving, fixtures and graphics, security grills, an overhead door, resilient flooring, carpeting, coolers/freezers, a fire system and an alarm system. Robert Reid Wedding Architects and Planners provided architectural services for the project, while Foresite Group provided engineering services. The project was contracted with Armstrong Development Properties.