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TriOut and OFEK purchase $18.25m property in Winter Park Orlando

05/31/2019

TriOut Advisory Group has purchased The Grove at Winter Park, a 112,351-square-foot retail center in Winter Park, Fla. Consolidated-Tomoka Land Co. sold the asset for $18 million, with HFF representing the seller in the transaction.

Situated at 4270 Aloma Ave. on a 12.8-acre site, the shopping mall is along Winter Park’s retail corridor, where the traffic count is roughly 35,000 vehicles per day. More than 97,000 people with an average household income of nearly $80,000 live within a 3-mile radius of the center.