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Strategic Property Partners to Develop Entertainment District in Downtown Tampa

by Abby Cox

Tampa, Fla. — Strategic Property Partners (SPP) has announced plans to develop an entertainment district in downtown Tampa. The district is proposed for a vacant parcel across from Benchmark International Arena, the 19,092-seat home of the NHL’s Tampa Bay Lightning NHL team. Situated on Channelside Drive between Morgan and Jefferson streets, the new district will support the broader $3 billion Water Street Tampa neighborhood. SPP plans to partner with Lightning owner Vinik Sports Group (VSG) to manage the entertainment venue, which will be privately financed. “Water Street Tampa was designed …

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9830-9880-W-Sample-Rd
FloridaInvestment salesNews

Marcus & Millichap Arranges $7.4 Million Sale of 25,905-Square-Foot Retail Property in Coral Springs, Florida

by Abby Cox

Coral Springs, Fla. — Marcus & Millichap has arranged the $7.4 million sale of a 25,905-square-foot neighborhood center located at 9830–9880 W. Sample Road in the Broward County community of Coral Springs. Situated on roughly 1.6 acres, the center is anchored by Wings Plus, and includes mix of dental, medical, education and service-oriented tenants. Douglas Mandel, Zach Levine and Cody Hershey of Marcus & Millichap marketed the property on behalf of the seller, The Geneva Group. Tarek Chbeir, also of Marcus & Millichap, along with Mandel, Levine and Hershey, procured the buyer, David …

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Doral-Square
FloridaInvestment salesNews

Terra Arranges $74 Million Sale of Doral Square in South Florida

by Abby Cox

Doral, Fla. — Terra has arranged the $74 million sale of Doral Square, a 150,000-square-foot lifestyle center in Doral, a western suburb of Miami. North Miami-based IMC Equity Group was the buyer. Situated at the gateway to downtown Doral, the property is anchored by Marshalls, Ross Dress for Less and UFC Gym. Additional tenants include HomeGoods, Pet Supermarket, One Medical, Laser Away, AT&T, Paradise Grills, European Wax Center, First Watch, Jersey Mike’s, Just Salad, Panda Express, Nacion Sushi, Lima Bakery, Miu’s Tea and El Toro Loco. Mark Gilbert of Cushman & Wakefield brokered the transaction. Ocean Bank …

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FloridaGrocery-anchoredInvestment salesNews

Cushman & Wakefield Negotiates Sale of 134,832-Square-Foot Grocery-Anchored Shopping Center in Boca Raton, Florida

by Abby Cox

Boca Raton, Fla. — Cushman & Wakefield has negotiated the sale of Polo Club Shops, a 134,832-square-foot neighborhood center located in Boca Raton. The center is anchored by Publix, which completed a full demolition and reconstruction of its store in 2022, expanding the property by an additional 48,387 square feet. Publix is operating with a new 20-year lease. Other tenants at Polo Club Shops include Beignets & Brews, Brendy’s Ice Cream, Ernie’s Açai Bowls, First Watch, Peak Beauty Studio, Manhattan Joe’s Pizzeria, Pet Supermarket and Phenix Salon Suites. Mark Gilbert, Adam …

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FloridaGrocery-anchoredInvestment salesNews

Benderson Development Acquires 216,692-Square-Foot Grocery-Anchored Center in Clearwater, Florida

by Abby Cox

Clearwater, Fla. — Benderson Development has acquired Clearwater Shoppes, a 216,692-square-foot shopping center located in Clearwater. Situated on 14.5 acres adjacent to the 1.3 million-square-foot Countryside Mall, the center’s tenant roster includes Whole Foods Market, Target and Nordstrom Rack. Seritage Growth Properties sold the shopping center to Benderson for an undisclosed price. Danny Finkle, Jorge Portela, Kim Flores and Evan Lahr of JLL represented the seller in the transaction.

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DevelopmentFloridaNews

St. Joe Co. to Develop Publix at Watersound West Bay Center in Panama City Beach, Florida

by Abby Cox

Panama City Beach, Fla. — The St. Joe Co. will develop a new Publix grocery store at Watersound West Bay Center, a lifestyle center under construction in Panama City Beach. The new Publix is expected to comprise 50,000 square feet and will feature a pharmacy, deli and bakery, as well as an adjacent Publix Liquor store. Plans will also include an additional 11,000 square feet of inline retail space. Upon completion, Watersound West Bay Center will serve the neighboring Latitude Margaritaville Watersound community, which will have a total of 3,500 …

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Company newsFloridaLeasingNews

Jamestown to Provide Leasing for Sarasota Square Redevelopment in Florida

by Abby Cox

Sarasota, Fla. — Jamestown has been selected to provide leasing for Sarasota Square, a redevelopment of the former Sarasota Square mall, which will be transformed into an open-air lifestyle center. Chicago-based Torburn Partners received approval for the redevelopment plan in April 2024, and demolition of the indoor mall began in February 2025. The first retail building is currently under construction. Previously confirmed tenants at the project include Whole Foods Market, Homesense, CAVA, Chipotle Mexican Grill, Joe & The Juice and Charles Schwab.

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ArizonaFloridaInvestment salesNewsNorth CarolinaOklahomaTexas

Partnership Acquires Multi-State Shopping Center Portfolio for $429 Million

by Abby Cox

Elmsford and New York City, N.Y. — DLC, in partnership with a fund managed by DRA Advisors, has acquired a multi-state shopping center portfolio in an off-market transaction for $429 million. Totaling 2.1 million square feet, the portfolio comprises eight shopping centers across five states. The seller was not disclosed. The properties include Central Texas Marketplace in Waco, Texas; Portofino Shopping Center in the Houston suburb of Shenandoah; Watauga Pavilion in the Dallas suburb of Watauga; Shops at Park Place in Plano, Texas; Pavilion at King’s Grant in the northeast Charlotte …

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FloridaGrocery-anchoredInvestment salesNews

Core Investment Buys 175,084-Square-Foot Publix-Anchored Shopping Center in Metro Fort Lauderdale

by Abby Cox

Plantation, Fla. — Core Investment Management has acquired Jacaranda Plaza, a 175,084-square-foot, grocery-anchored shopping center located in the Fort Lauderdale suburb of Plantation. Danny Finkle, Jorge Portela and Evan Lahr of JLL represented the seller, a joint venture between Epic Real Estate Partners and Heitman, in the transaction. Chris Drew, Brian Gaswirth and Luke Maganas, also of JLL, arranged acquisition financing for the purchase through U.S. Bank on behalf of the new ownership. Jacaranda Plaza is currently 97.9 percent leased to tenants including Publix, Ross Dress for Less, Five Below, …

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FinanceFloridaNews

MMCC Arranges $7 Million in Financing for Single-Tenant Retail Property in Suburban Jacksonville

by Abby Cox

Orange Park, Fla. — Marcus & Millichap Capital Corp. (MMCC) has arranged $7 million in financing for a 109,895-square-foot single-tenant retail property in the Jacksonville suburb of Orange Park. BJ’s Wholesale Club occupies the building. Garrett Fierstein of MMCC secured the financing through a local credit union on behalf of a private client.

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