Downtown trophy retail property in The Plaza sells under court order for bottom-dollar

Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Downtown Orlando’s most prominent retail property has sold under court order for a little more than half of what it last traded for just over a decade ago.

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Los Angeles-based RP Plaza Retail and Theatre LLC, an entity related to RPD Catalyst, sold The Plaza Retail Property — the 102,000-square-foot retail section of the Chase Plaza at 183-189 S. Orange Ave. — to RCS – Plaza Retail Condos LLC, an arm of Colorado-based Real Capital Solutions , for $10.7 million in a deal that closed Jan. 9, according to Orange County records.

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