**Core Investments Sells Orlando’s Shoppes of South Semoran for $24M**
Core Investments has sold the Shoppes of South Semoran retail center in Orlando for $24 million. The property, located at 4520 S. Semoran Boulevard, was originally acquired by Core in 2020 for $18 million.
The 101,000-square-foot shopping plaza is 99% leased and anchored by Walmart Neighborhood Market, which opened in 2013 following a renovation of the property originally built in 1986. Other major tenants include Dollar Tree, Cici’s Pizza, Vicky’s Bakery, and Suncoast Credit Union.
The buyer in the transaction has not been disclosed. Whitaker Leonhardt of Colliers facilitated the off-market deal.
This sale follows Core’s recent acquisition of Dellagio Town Center, another retail property located in Orlando’s Dr. Phillips area, for $37.5 million. Core Investments, a South Florida-based firm focused on Florida’s retail sector, also owns additional properties such as Orlando Square, Ranch Lake Plaza, Southchase Village, and Fountains at Bay Hill.
