Share:

Cushman & Wakefield Arranges $3.15M Sale of 3.48-Acre Land Parcel

5/29/2020

Westwood Land (image)

Andy Slowik and Margery Johnson of Cushman & Wakefield represented the seller, a private investment group that had owned the property since 2001. Dallas-based Sun Holdings, which specializes in fast food restaurant development, acquired the parcel to develop a Popeyes Louisiana Kitchen.

“With more than 5,000 apartment units in the immediate area and a prime location in the heart of Orlando’s tourism corridor, this property is prime for this sort of development,” Slowik said.

The Orlando land team has sold numerous sites along International Drive, including an adjacent parcel, which is being developed with a cube self-storage facility, and the 20-acre site of the new K-8 school further south on I-Drive. Approximately 400 acres remain available for development along I-Drive, which extends south into Osceola County.

“We anticipate further growth in this submarket as it serves both tourists and locals,” Johnson added.


About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Media Contact

Savannah Durban Atlanta Communications
Savannah Durban

Senior Communications Specialist, South Region • Atlanta

Ms. Durban leads public relations for Cushman & Wakefield's Southeast region, including Atlanta, Charlotte, Raleigh-Durham, Nashville and Birmingham. She oversees media relations, thought leadership initiatives, writes and manages blogs and social media, and assists with content creation such as infographics and videos.