Commercial Real Estate, Capital, Insurance, Leasing & Management

Publix Supermarkets Pays $23M for Ovation Shopping Center

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Franklin Street has arranged the $23.35 million sale of the Ovation Town Center, a 96,750-square-foot, Publix-anchored shopping center in the Davenport submarket of Orlando, Florida.

Publix Supermarkets acquired the Ovation Shopping Center in Davenport, FL from Armstrong Reunion LLC for $23.35 million, or about $241 per square foot. 

The Ovation Shopping Center delivered in 2008 at 7700 Osceola Polk Line Rd. and is situated in the Polk County submarket. The transaction totals 96,750 square feet. The Ovation Shopping Center is occupied by McDonald’s, Wells Fargo, Anytime Fitness and Publix. 

John Tennant and Bryan Belk of Franklin Street Real Estate Services represented the seller. 

Please see CoStar COMPS #3934279 for more information on this transaction.

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