Boca Raton, Fla. – The center offers daytime population of 143,000, a traffic count of 65,000 vehicles per day and an average household income of $106,000 within five miles.
Boca Raton, Fla. – The purchase is part of the company’s strategy to invest in single-tenant, long-term net-leased assets that are occupied by credit tenants.
Sarasota, Fla. – In Paradise Plaza, the Publix store consists of 49,000 square feet, CVS comprises 16,000 square feet and Petco has 12,000 square feet.
In the post-recession economy, some states that were hurt particularly hard have seen turnarounds of retail development, leasing and brokerage. Florida is one of them.