RD Management Acquires Merchants Crossing in Florida for $20.5 Million

North Fort Myers, Fla. — RD Management LLC has acquired Merchants Crossing, a 323,061-square-foot power center located in North Fort Myers, for $20.5 million.

Brad Peterson and Whitaker Leonhardt of HFF represented the seller, Noble Properties, in the transaction. Tenants at the center include Sears, AMC Theatres, Bealls Outlet, Jo-Ann Fabrics and Craft and Dollar Tree.