Greenway Plaza Nets $2.2 Mil.

August 16, 2011

November 2010.

Sky Development Inc. of Florida sold Greenway Plaza shopping center in Sanford, FL, for $2.2 million, or less than $16 per square foot, to Seminole Land Holdings of Colorado. The buyer is based out of Denver Colorado.

The 143,000-square-foot retail center at 3101-3115 S. Orlando Drive was built in 1973 and renovated in 2008 in the E Seminole Outlying submarket.

Sean Glickman, Vice President of Investment Advisory Group at Coldwell Banker Commercial NRT represented the buyer and assisted him in securing the Seminole County CRA grant to renovate the center.

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