Katz & Associates Principal Daniel Solomon, CCIM, represented seller Felix Reznick of 4th Dimension Properties in the sale of Seminole Town Center Mall in Sanford, Fla. for $17.56 million. John Dotorre of Atlantic Retail represented buyer Ardent Development.
“This is a huge and exciting deal we produced fairly quickly. Ardent Development is acquiring an iconic property from 4th Dimension Properties in a prime location in Central Florida,” Solomon said. “There’s tremendous opportunity for redevelopment, which will benefit the community tremendously.”
Seminole Towne Center is located at 200 & 330 Towne Center Circle & 595 Towne Center Boulevard, approximately 20 miles north of Orlando. The sale includes the 324,681-square-feet enclosed regional mall, which was vacated January 31, 2025; a 160,000-square-foot former Macy’s and 13.5-acre development parcel on the total 69 acres.
