Florida

Telecom Village

Temple Terrace, Fla. — SRS Real Estate Partners has brokered the $4 million sale of Telecom Village, a 6,323-square-foot multi-tenant retail property in the Tampa suburb of Temple Terrace. The property — which sits on roughly 1.1 acre — was fully leased at the time of sale by four tenants including Foxtail Coffee Co., Zoom Tan, Hummus Republic and Barberitos. Patrick Nutt and William Wamble of SRS represented the seller, a Florida-based private investor, in the transaction. The buyer was a Tampa-based private investor who purchased the property with a …

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Blue Grotto Plaza

Miami — Marcus & Millichap has facilitated the $8.4 million sale of Blue Grotto Plaza, an 11,890-square-foot retail center located in Miami. Built in 1973 and renovated in 2023, the multi-tenant property features a mix of service-oriented businesses and food-and-beverage tenants, including 10 retail spaces and 68 parking spaces. Jonathan De La Rosa and Matthew Albregts of Marcus & Millichap marketed the property on behalf of the seller, Minkin Enterprises Inc., and procured the buyer, OMAC Real Estate LLC, in the transaction.

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Altamonte Springs, Fla. — Denver-based Sagard Real Estate (formerly Everwest Real Estate Investors) has sold Marketplace at Altamonte, a 335,995-square-foot retail center located in Altamonte, roughly 16 miles outside Orlando. According to the Orlando Business Journal, an entity associated with Centro Property Management LLC, purchased the property for $28.9 million from Sagard’s core equity fund. The center was 55 percent occupied at the time of sale with tenants including Burlington, Ross Dress for Less and Total Wine & More. Sagard originally acquired the center in 2005.

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Doral Shops & Professional Center

Doral, Fla. — Marcus & Millichap has arranged the $9.7 million sale of Doral Shops & Professional Center located in Doral, approximately 13 miles west of downtown Miami. The property spans 15,314 square feet and features nine tenants operating on a triple-net lease basis, including South Dental Doral, Doral Physical Therapy, Uni K Wax and La Coriana. Scott Sandelin and Edward Romo of Marcus & Millichap represented the undisclosed seller and procured the buyer in the transaction.

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Kings Lake Center

Gibsonton, Fla. — Marcus & Millichap has brokered the $6.1 million sale of Kings Lake Center, a retail strip center located in Gibsonton, roughly 10 miles outside Tampa. The 15,000-square-foot property was fully leased at the time of sale. Eric Abbott and Zach Taylor of Marcus & Millichap represented the seller, Blissett Hayes Big Bend LLC, in the transaction. Marcus & Millichap also procured the 1031-exchange buyer, Pacific West Land LLC. Ryan Nee is the firm’s broker of record in Florida.

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Miami-Live-Plaza

Miami — Major League Baseball’s Miami Marlins have formed a partnership with The Cordish Companies to develop Miami Live! at loanDepot Park, the home ballpark of the Marlins. The entertainment destination in the city’s Little Havana neighborhood will feature indoor-outdoor dining and entertainment spaces aimed at elevating the fan experience, including year-round space activations. The official opening of Miami Live! is anticipated for early 2026. LoanDepot Park opened in 2012 and hosts events such as the World Baseball Classic, Caribbean Series and Choque de Gigantes in addition to Marlins home …

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The Markets at Town Center

Jacksonville, Fla. — Kimco Realty has acquired The Markets at Town Center, a 254,000-square-foot shopping mall located in Jacksonville, for $108 million. Sprouts Farmers Market anchors the property, which was built in 2008. Other tenants at the center, which was 97 percent leased at the time of sale, include Ulta Beauty, Cooper’s Hawk Winery & Restaurant, Five Below, REI, J. Crew, Ballard Designs, Nordstrom Rack, DXL Big & Tall, Gen Korean BBQ House and Chipotle Mexican Grill. Kimco acquired the property through its Structured Investment Program, which provides mezzanine financing …

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Winter Haven Citi Centre

Winter Haven, Fla. — Atlantic Capital Partners (ACP) has arranged the $8.2 million sale of Winter Haven Citi Centre in Winter Haven, roughly 47 miles southwest of Orlando. Belk and Staples anchor the shopping center, which comprises 185,705 square feet situated on 16.2 acres. The property was 51 percent leased at the time of sale. Fred Victor, Justin Smith, Sam Koonce, Chris Peterson, Teddy Driscoll, Greg Godino, Ross Waters and Matt Austin of ACP represented the undisclosed seller in the transaction. BSD Capital was the buyer. 

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Venice, Fla. — Floor & Décor Holdings Inc. (FND) has opened a new warehouse store in Venice, marking its 33rd property in the state. The store spans 78,000 square feet. FND operates more than 240 warehouse-format stores and five design studios — which offer assortments of hard-surface flooring, decorative accessories, wall tile and installation materials — across 38 states.

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Central Park Plaza

Largo, Fla. — Plaza Advisors has brokered the sale of Central Park Plaza, a 47,653-square-foot shopping center located in Largo, roughly 23 miles northeast of Tampa. Tenants at the property, which was 95 percent leased at the time of sale, include NAPA Auto Parts, Rent-A-Center, Boost Mobile and AMA Medical Group. An affiliate of Fortune Commercial Management doing business as Central Park Largo LLC, purchased the property for $5.6 million, with SouthState Bank providing a $3.7 million acquisition loan. Jeff Berkezchuk and Jim Michalak of Plaza Advisors represented the undisclosed …

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