{"id":1004125895,"date":"2015-08-21T10:40:46","date_gmt":"2015-08-21T18:40:46","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=358769"},"modified":"2022-12-13T00:03:47","modified_gmt":"2022-12-13T08:03:47","slug":"updated-grocery-anchored-retail-center-sold","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/updated-grocery-anchored-retail-center-sold\/","title":{"rendered":"Updated Grocery-Anchored Retail Center Sold"},"content":{"rendered":"<p>A South American private investment group has recently acquired a grocery-anchored retail center in a densely populated residential area of Orlando, Fla. <a href=\"https:\/\/theshoppingcentergroup.com\" target=\"_blank\" rel=\"noopener\">The Shopping Center Group<\/a> facilitated the sale of the 133,400-square foot Mariner\u2019s Village on behalf of the seller, an affiliate of <a href=\"https:\/\/madisonmarquette.com\/\">Madison Marquette<\/a>. The transaction worth $15.5 million took place on July 31 and the identity of the buyer was not disclosed. The Shopping Center Group\u2019s team of Anthony Blanco, Lenard Williams and Mallory Ham marketed the property.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004129089\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/updated-grocery-anchored-retail-center-sold\/marniers-village-is-located-at-4568-e-michigan-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg\" data-orig-size=\"1481,772\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Marnier\u2019s Village is located at 4568 E Michigan St.\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg?w=1024\" class=\"alignright size-medium wp-image-1004129089\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg\" alt=\"Marnier\u2019s Village is located at 4568 E Michigan St.\" width=\"300\" height=\"156\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg 1481w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg?resize=300,156 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg?resize=768,400 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg?resize=1024,534 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Located at 4568 E Michigan St, approximately three miles southeast of downtown Orlando and less than five miles from the Orlando International Airport, Mariner\u2019s Village is anchored by Winn Dixie Supermarket, Walgreens and LA Fitness. Other tenants include AT&amp;T and Firehouse Subs as well as a mix of restaurants, convenience and necessity retail goods and services.<\/p>\n<p>Mariner\u2019s Village was built in 1986 and renovated in 2004\u2014Over the past 12 months, a $930,000 comprehensive capital improvement program was also implemented to update parking lot lighting, roofing, landscaping, sidewalks and monument signage. The property was 92% leased at the time of the acquisition with approximately 10,700 square feet of small shop space vacant.<\/p>\n<p><em>Photo credit: Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A South American private investment group has recently acquired a grocery-anchored retail center in a densely populated residential area of Orlando.<\/p>\n","protected":false},"author":35,"featured_media":1004129089,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1493],"tags":[],"class_list":["post-1004125895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-orlando"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Updated Grocery-Anchored Retail Center Sold - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/updated-grocery-anchored-retail-center-sold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Updated Grocery-Anchored Retail Center Sold\" \/>\n<meta property=\"og:description\" content=\"A South American private investment group has recently acquired a grocery-anchored retail center in a densely populated residential area of Orlando.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/updated-grocery-anchored-retail-center-sold\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-21T18:40:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-13T08:03:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1481\" \/>\n\t<meta property=\"og:image:height\" content=\"772\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Updated Grocery-Anchored Retail Center Sold\",\"datePublished\":\"2015-08-21T18:40:46+00:00\",\"dateModified\":\"2022-12-13T08:03:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/\"},\"wordCount\":198,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Marnier---s-Village-is-located-at-4568-E-Michigan-St..jpg\",\"articleSection\":[\"News\",\"Orlando\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/updated-grocery-anchored-retail-center-sold\\\/\",\"name\":\"Updated Grocery-Anchored Retail Center Sold - 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