Demetree Ventures and Jenkins Capital acquired 2011 Aloma Avenue for $1.9 million, completing their vision for an integrated Aloma Shopping Center in Winter Park, Florida.

Target Information

On March 14, 2025, Demetree Ventures and Jenkins Capital, through their entity 2015 Aloma Avenue Corporation, acquired the property located at 2011 Aloma Avenue from Fifth Third Bank for $1.9 million. This acquisition is a pivotal moment in the ongoing development of the Aloma Shopping Center in Winter Park, Florida, a vision initiated over 60 years ago by pioneering Central Florida homebuilders, William 'Bill' Demetree and William 'Bill' Jenkins.

The acquisition solidifies the partners' ownership of the entire property stretch from St. Andrews Boulevard to Lander Road along Aloma Avenue, emphasizing their long-term dedication to the community and the continued thriving of the Aloma Shopping Center.

Industry Overview in Florida

The retail sector in Florida, particularly in the Winter Park area, has displayed resilience and adaptability over the years. The Aloma Shopping Center, strategically located in an area bustling with consumer activity,