Florida

Boynton Beach, Fla. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Cross Creek Center, a 37,201-square-foot shopping center located in the Fort Lauderdale suburb of Boynton Beach. Built in 1988 and renovated in 2014, the center was 97 percent leased at the time of sale. Tenants at the property include Stanton Optical, The UPS Store, Smoothie King and Metro by T-Mobile. Drew Kristol and Kirk Olson of IPA represented the seller, Janoura Realty, and procured the buyer, Phillips Edison & Co., in …

West Palm Beach, Fla. — Plaza Advisors has arranged the sale of Paradise Place, a 72,961-square-foot shopping center located in West Palm Beach. Built in 2003, the center sits on 8.5 acres. Publix anchors the property, which was 98 percent leased at the time of sale. Other tenants include Dunkin’ Donuts, Sage Dental and Goodwill. Jim Michalak and Jeff Berkezchuk of Plaza Advisors represented the seller, Charlotte, North Carolina-based Collett Capital, in the transaction. A partnership between Tampa-based Forge Capital Partners and The Sembler Co. purchased the property via its …

West Palm Beach, Fla. — JLL Capital Markets has brokered the $45.7 million sale of Echo, a 71,694-square-foot mixed-use property located in downtown West Palm Beach. Originally built in 1925 and renovated in 2021, improvements to the property include a refreshed lobby, conference center, electric vehicle chargers, newly constructed lounge, as well as a new private courtyard. The mixed-use development features office space, 10,000 square feet of ground-floor retail and a 257-space parking garage. The property was 80 percent leased to Stone Point Capital, AltaRock Partners and Sound Point Capital at …

Miami — Marcus & Millichap has brokered the $8.6 million sale of Village Shoppes, a 26,648-square-foot retail center located in the Little Havana neighborhood of Miami. Situated at 503-533 SW 12th Ave., the center comprises two parcels with multiple stores, 30 parking spaces and more than 325 feet of retail frontage. The property also allows for 40,000 square feet of future development of up to eight stories, according to LoopNet. Jonathan De La Rosa and Eddie Toledo of Marcus & Millichap’s Miami office marketed the property on behalf of the undisclosed …

North Miami, Fla. — Avison Young has arranged the $16 million sale of Sans Souci Plaza, a 47,350-square-foot retail property located in North Miami. This acquisition marks the first time the center has been sold. Situated at 2104 and 2222 NE 123rd Street, the property comprises two buildings constructed in 1974 and 1976. Zaika Indian Cuisine and Catch Specialty Fish Market anchor the property. Michael T. Fay, John K. Crotty, David Duckworth, Brian C. de la Fé and Philip Shapiro of Avison Young represented the seller, Matthews Real Estate Partners, …

Miami — Marcus & Millichap has brokered the $5.7 million sale of Plaza 77 Shops, a 9,590-square foot retail strip center in Miami’s Dadeland neighborhood. Situated less than one mile from Dadeland Mall, the property is anchored by Trulieve and Domino’s Pizza, which both operate on corporate-guaranteed leases. Additional tenants at the center include Chase Bank, Outback Steakhouse, Anthony’s Coal Fired Pizza, Cancun Grill and Massage Envy, according to LoopNet. Drew Kristol and Kirk Olson of Marcus & Millichap’s Miami office marketed the property on behalf of the seller, an entity …