IRC Retail Centers has acquired Phase II of Goldenrod Marketplace, a community shopping center in Orlando for $6 million. The retail center comprises 33,140 sqf of in-line retail space that is nearly fully leased to tenants Dollar Tree, Great Clips, Lucky Me, Payless Shoes, Rue 21 and Sally Beauty. The Goldenrod Marketplace shopping center is situated in Orlando’s southeastern market at the intersection of Narcoossee and Goldenrod Roads. IRC previously acquired Goldenrod Marketplace Phase I in December 2013, which totals 97,500 sqf of retail space, including 64,000 sqf leased to anchor tenants Marshalls and L.A. Fitness.
“We are pleased to complete our acquisition of Goldenrod Marketplace, which is well-located in a top U.S. market and showcases a diverse mix of tenants offering everyday goods and services,” said Scott Carr, executive vice president and chief investment officer for IRC Retail Centers. “Our acquisition of this recently completed retail center complements our ongoing activities with established developers to construct value-oriented and grocery-anchored shopping centers across the central and southeastern United States.”
