Royal Palm Beach, Fla. — CBRE has arranged the $28.6 million sale of Buckingham Plaza, a 91,000-square-foot institutional quality power center located on State Road 7 in Royal Palm Beach.
St. Petersburg, Fla. — Colliers International has arranged the $16 million sale of the Shoppes at the Royale, a 46,020-square-foot shopping center shadow-anchored by Publix in St. Petersburg.
St. Augustine, Fla. — The Boulder Group has arranged the $3.15 million sale of a single-tenant, net-leased Walgreens property located in St. Augustine.
Miami — Terra is set to begin construction on Pembroke Pines City Center, a 47-acre mixed-use project located in Miami.
Port St. Lucie, Fla. — An affiliate of Delray Beach, Florida-based Menin Development has sold the Shoppes at St. Lucie West to an institutional investor group for $77 million.
Miami — Swire Properties Inc., alongside retail co-developers Whitman Family Development and Simon Property Group, has announced nearly 40 new tenants for Brickell City Centre’s 500,000-square-foot, open-air shopping center under construction in Miami’s Brickell district.
Fort Myers, Fla. — Tanger Factory Outlets Center Inc. has sold the company’s 198,877-square-foot outlet mall in Fort Myers to Dahlmann Properties for $26 million.
Miami — Taubman Centers Inc. has decided not to move forward with an enclosed regional mall that was slated to be part of the Miami Worldcenter mixed-use development in Miami.
Ocala, Fla. — Crossman & Co. has arranged the $4.4 million sale of Pearl Britain Plaza, an 82,216-square-foot, Publix-anchored shopping center located in Ocala.
Coral Springs, Fla. — Miami-based private investment firm Continental Properties Acquisition Corp. (CPAC) has sold a 12,430-square-foot CVS/pharmacy in Coral Springs for $6.3 million.