A venture between North American Development Group and Blackfin Partners Investments has sold Shoppes at Nona Place, a fully leased, 60,557-square-foot neighborhood shopping center anchored by Bravo Supermarkets in Orlando, Fla.
A private investor group affiliated with the Flocchini/Van Wagner Families acquired the property for $35 million.
Shoppes at Nona Place was constructed in 2018 and 2019 and is anchored by Bravo Supermarkets, a market-dominant Hispanic grocer and the only Hispanic grocer in more than nine miles. The fully occupied retail center is also home to a complementary mix of tenants, including Pet Supermarket, First Watch, Heartland Dental, BurgerFi, Aveda, Lime Fresh, F45 and Pig Tails.
Situated on 14.6 acres at 13000 Narcoossee Rd., Shoppes at Nona Place is in a high barriers-to-entry area in the heart of Lake Nona, the 12th fastest-growing community in the nation and Orlando’s most-desirable submarket. More than 28,600 residents earning an a
