Miami — The Richman Group Development Corp. (Richman), a subsidiary of The Richman Group of Florida Inc., has acquired a 2.2-acre, fully approved land site in Miami for the development of a mixed-use project.
Tampa, Fla. — Phillips Edison Grocery Center REIT II has acquired Bloomingdale Hills, a 78,442-square-foot, grocery-anchored shopping center located in the Riverview area of Tampa, for $9.2 million.
Sanford, Fla. — Demolition work has commenced on Flea World, the one-time home of “the nation’s largest flea market under one roof,” in Sanford approximately 25 miles north of Orlando.
Daytona Beach, Fla. — International Speedway Corp. (ISC), a motorsport event promoter and owner/operator of 13 motorsport entertainment facilities, has broken ground on ONE DAYTONA, a 300,000-square-foot mixed-use project in Daytona Beach.
Deerfield Beach, Fla. — Weingarten Realty Investors has acquired Deerfield Mall, a 394,248-square-foot, Publix-anchored shopping center located in the South Florida community of Deerfield Beach, for $92.75 million.
Coconut Creek, Fla. — AEW Capital Management L.P. has acquired Promenade at Coconut Creek, a 297,557-square-foot LEED Silver certified lifestyle center.
Bal Harbour, Fla. — Whitman Family Development has submitted updated plans for a $400 million expansion of Bal Harbour Shops, an upscale, 450,000-square-foot open-air shopping center located near Miami Beach in Bal Harbour Village.
Plantation, Fla. — Epic Real Estate Partners has acquired Jacaranda Plaza, a 173,044-square-foot shopping center located in the Miami suburb of Plantation, for $29.3 million.
Miami — Swire Properties Inc. and its retail co-developers Whitman Family Development and Simon Property Group have inked a lease for a 38,000-square-foot Italian indoor food hall concept at Brickell City Centre in Miami’s Brickell district.
Jacksonville, Fla. — Equicap, a real estate investment advisory firm based in New York, has arranged an $18 million acquisition loan for a 155,899-square-foot shopping center in Jacksonville.