Dezer Development buys shuttered Orlando mall for $23.7M

Sunny Isles Beach-based Dezer Development bought a shopping mall in Orlando that closed last year and plans to redevelop it as an entertainment complex. The Orlando Sentinel also reported that Dezer Development paid $23.7 million for the 104-acre Artegon Marketplace at the southeast corner of West Oak Ridge Road and North International Drive. The seller was New York-based Lighthouse Group.

David Reimer, a representative of Dezer Development, told the Sentinel that the company plans to transform Artegon Marketplace to a car museum or an attraction similar to Xtreme Action Park in Fort Lauderdale. The company is a partner in Xtreme Action Park, a 200,000-square-foot entertainment center with a go-kart racetrack, an auto museum, a bowling alley and a paint-ball facility, among other attractions. [Orlando Sentinel] – Mike Seemuth

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