Abby Cox

Aventura, Fla. — Triarch Capital Group has acquired a 6,650-square-foot retail property located at 21211-21215 Biscayne Blvd. in the northeastern Miami suburb of Aventura for roughly $6.9 million. Tenants at the property include The Original Pancake House, Morelia Gourmet Paletas and Jimmy John’s. Additionally, the retail property operates as an outparcel to Aventura Commons, a 267,000-square-foot shopping center anchored by Whole Foods, Best Buy, Ulta Beauty and Target.  Douglas Mandel, Zach Levine and Cody Hershey of Marcus & Millichap marketed the property on behalf of the seller, OPH Realty LLC, …

Clermont, Fla. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $3.9 million loan for the refinancing of a 15,520-square-foot retail strip center located at 9350 U.S. Highway 192 in Clermont, 26 miles southwest of Orlando. Tenants at the property include several restaurants, a healthcare office and a tattoo parlor. Garrett Fierstein of MMCC’s Orlando office secured the financing through a national credit union on behalf of the privately based borrower. The loan features a 10-year term with a 25-year amortization period and a 65 percent loan-to-value ratio.

Bradenton, Fla. — An affiliate of Miami-based CORE Investment Management has acquired Cortez Plaza, a 260,000-square-foot shopping center in Bradenton, approximately 32 miles south of Tampa. The seller and sales price were not disclosed, but the Business Observer reported that an affiliate of Richmond, Virginia-based Hackney Real Estate Partners sold the property for $39.4 million. Cortez Plaza features a mix of tenants including Sprouts Farmers Market, Burlington, PetSmart, Shoe Carnival and LA Fitness, along with newly developed outparcels occupied by Chick-fil-A and Starbucks Coffee. Situated on roughly 22 acres, the …