Florida

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DevelopmentFloridaIllinoisNewsTennessee

Simon to Invest $250 Million for Redevelopment of Three Malls in Nashville, Denver and Tampa

by Abby Cox

Indianapolis — Indianapolis-based mall owner Simon Property Group has unveiled plans to invest more than $250 million for the redevelopment of The Mall at Green Hills in Nashville, Cherry Creek Shopping Center in Denver and International Plaza in Tampa. Simon acquired the three properties in November 2025 as part of its purchase of the remaining 12 percent interest in The Taubman Realty Group LP that it did not already own. The $250 million investment reflects Simon’s focus on mall redevelopments to create modern environments that cater to today’s shopper, according …

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7-Eleven-Rep-Photo
FloridaInvestment salesNews

SRS Real Estate Negotiates Sale of Three Single-Tenant Retail Properties in Central Florida for $28.8 Million

by Abby Cox

Winter Haven, Daytona Beach and Ocoee, Fla. — SRS Real Estate Partners has negotiated the sale of three single-tenant retail properties in two separate transactions for $28.8 million in Florida. Each newly constructed property is occupied by 7-Eleven on a 15-year, corporate-guaranteed absolute triple-net lease. The first property in Winter Haven sold for $9.5 million, while the second property in Ocoee sold for $9.67. The final property in Daytona Beach sold for $9.5 million. Patrick Nutt and William Wamble represented the sellers, Florida-based developers, in the transaction. The Winter Haven and …

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Turtle Run Shoppes
FloridaInvestment salesNews

Pliskin Realty Acquires Turtle Run Shoppes in South Florida for $19.5 Million

by Abby Cox

Coral Springs, Fla. — Pliskin Realty & Development has acquired Turtle Run Shoppes, an 80,000-square-foot retail center located in Coral Springs, a city in South Florida’s Broward County, for $19.5 million. Built in 1990 and renovated in 2018, Turtle Run Shoppes was 92 percent leased at the time of sale. Tenants include America’s Best Contacts and Eyeglasses, Cycle Gear, My Salon Suite, Smoothie King, La Brasas Bar & Restaurant, the U.S. Postal Service and Ross Dress for Less, which anchors the center. Douglas Mandel, Zach Levine and Cody Hershey of Marcus …

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shoppes-at-destiny
FloridaInvestment salesNews

Dowd Cos. Brokers $5.1 Million Sale of 12,734-Square-Foot Retail Center in Destin, Florida

by Abby Cox

Destin, Fla. — The Dowd Cos. has brokered the $5.1 million sale of The Shoppes of Destiny, a 12,734-square-foot retail center located in Destin. The center was fully leased at the time of sale to five tenants including Avantgarde Salon, Beyond Fit, Bella Beach, Beautiful Lights and Kiki Rissa. John Dowd and Theresa Johnson of The Dowd Cos. represented the seller in the transaction. The buyer was a Destin-based local investor.

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Delray-Landing
FloridaGrocery-anchoredInvestment salesNews

PEBB, Topvalco Sell Sprouts-Anchored Shopping Center in South Florida for $30 Million

by Abby Cox

Delray Beach, Fla. — A joint venture between PEBB Enterprises and Cincinnati-based Topvalco Inc. has sold Delray Landing, a 70,426-square-foot shopping center located at 5024-5070 W. Atlantic Ave. in Delray Beach. Sprouts Farmers Market anchors the shopping center, whose tenant roster also includes Retro Fitness, Keke’s Breakfast Café, CJ’s Sports Bar & Grill and Good Vets. An entity doing business as 30 Realty LLC purchased the shopping center for $30 million. Eric Williams and Cole Frantz of Newmark represented the seller in the transaction. During their ownership period, PEBB and …

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FloridaInvestment salesNewsTexas

SRS Real Estate Brokers Sale of Two Single-Tenant Retail Properties Totaling $27.4 Million in Florida, Texas

by Abby Cox

Lake Worth Beach, Fla. and Rowlett, Texas — SRS Real Estate Partners has brokered the $27.4 million sale of two single-tenant retail properties occupied by Crunch Fitness in Lake Worth Beach, Florida and Rowlett, Texas. Matthew Mousavi and Patrick Luther of SRS Real Estate represented both the seller, a multi-state developer, and the buyer, a publicly traded REIT, in the transaction. The first property, located at 3601 Lakeview Parkway in Rowlett, totals 40,000 square feet and sold for nearly $13.8 million. Situated at 4681 Hypoluxo Road in Lake Worth Beach, the …

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FinanceFloridaNews

JLL Arranges $22.8 Million in Financing for Tampa Bay Center in Florida

by Abby Cox

Tampa, Fla. — JLL Capital Markets has arranged $22.8 million in financing for the acquisition of Tampa Bay Center, a 149,375-square-foot shopping center in Tampa. Josh Odessky, Paul Adams and Justin Ratcliffe arranged the five-year, fixed-rate loan through BankUnited on behalf of the borrower, Triarch Capital Group. Debt was provided through a private family foundation.  Tampa Bay Center is fully leased to 10 tenants including Floor & Décor, Ashley Furniture, Dollar Tree, The Tile Shop and T-Mobile.

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DevelopmentEntertainmentFloridaMixed-useNews

Accesso Acquires Development Site in Orlando for $70 Million, Plans 670,000-Square-Foot Mixed-Use Entertainment District

by Abby Cox

Orlando, Fla. — Accesso has purchased a 76-acre site in Osceola County to develop Ovation Orlando, a master-planned mixed-use entertainment district located at the northeast intersection of Interstate 4 and U.S. 192 in Orlando, for more than $70 million. The project is scheduled to break ground in the first quarter or 2026. Ovation Orlando will be divided into five adjacent zones across 670,000 square feet, which will offer experiential retail, dining, lifestyle amenities and entertainment, as well as 740 hotel rooms and condominiums. The new development will also feature green spaces, …

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Ives-Plaza
FloridaInvestment salesNews

United Capital Acquires Ives Plaza in Metro Miami for $12 Million

by Abby Cox

Miami Gardens, Fla. — United Capital has acquired Ives Plaza, a 56,841-square-foot shopping center located in Miami Gardens, approximately 16 miles north of downtown Miami. R&E Trust sold the property for $12 million. David B. Smith of LG Capital Partners, along with Adam Lipkin of United Capital, served as financial advisors on behalf of United Capital. This transaction marks the first time the property has been sold. Developed in 1955 on nearly 6.5 acres, Ives Plaza was 66 percent leased at the time of sale to 15 tenants including Pizza Hut …

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DevelopmentFloridaGrocery-anchoredNews

Benderson to Open Two New Publix Super Markets in Florida

by Abby Cox

Venice and Naples, Fla. — Benderson Development will open two new Publix Super Markets in Florida. The stores will debut at North River Marketplace in Venice and Gateway Shoppes in Naples, both of which are owned by Benderson. The first property, North River Marketplace, is a new 51-acre ground-up development along the North River Road corridor, which will feature a mix of retail, restaurants and specialty services upon completion of the project. The second property, Gateway Shoppes, was originally built in 2008 and is currently under redevelopment, which includes the …

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