UCF-area shopping center sold for $19.8M. Here’s what will happen next


A newly acquired shopping center in east Orlando near the University of Central Florida could be undergoing a facelift soon.

Alafaya Commons, located near East Colonial Drive and Alafaya Trail, is expected to see some physical updates after Los Angeles-based LBX Investments bought the 130,811-square-foot shopping center for $19.8 million, LBX Managing Partner Philip Block told Orlando Business Journal.

Block declined to comment on specifics of the renovations, including the scope of the project…

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