Tupperware sells Florida center for $121 million

Crosslands Shopping Center, a joint development of Tupperware Brands and O’Connor Capital Partners, has been sold for $121 million just two years after opening in Kissimmee, Florida, according to a report in the Orlando Business Sentinel.



The Hampshire Companies, a New Jersey-based real estate firm, announced that it had acquired the center on behalf of an unnamed foreign investor. Crosslands is located within the Osceola Corporate Center, not far from Tupperware headquarters in Orlando.



The 450,000-sq.-ft. big-box center, the first to debut in Central Florida since the Great Recession, recently opened the adjoining Cinque Terre Center, which includes a 24 Hour Fitness Center and a Burlington Coat Factory. Crosslands tenants include Home Goods, Marshalls, Ross Dress for Less, and Fresh Market.



Tupperware Brands, a consumer products company, markets Tupperware food storage products and personal care brands that include BeautiControl, Fuller Cosmetics, and NaturCare.

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