A partnership between Orlando-based Intram Investments and BluRock Commercial Real Estate has sold Plaza Ecco, a new, fully leased, 57,747-square-foot neighborhood shopping center anchored by Publix near downtown Orlando, signaling increased investor appetite for high-performing grocery-anchored retail in Central Florida.
A private investor acquired the asset for $30.5 million.
Constructed between 2019 and 2021, the 100 percent leased Plaza Ecco is anchored by Publix, the No. 1 grocer by market share in Florida, which is on a rare, long-term ground lease. Outparcel pads occupied by Starbucks, Twistee Treat and PDQ act as additional anchors, driving traffic to the center and promoting cross traffic. The center also houses an impressive and diverse list of national and local tenants, including Club Pilates, Woof Gang Bakery, Pacific Dental, Jersey Mike’s Subs, Sports Clips, Mooyah Burgers, SoDo Nails and more.
Plaza Ecco is situated on eight acres at 3107 S. Ora
