Florida

Coral Springs, Fla. — Continental Realty Corp. (CRC) has sold Cypress Run Marketplace, an 87,000-square foot retail center located in Coral Springs, for $23.3 million. The Q.V.H. Corp. acquired the property, which was constructed in 1989 and was fully leased at the time of sale. Walmart Neighborhood Market anchors the center, and Popeye’s Louisiana Kitchen recently signed a 15-year lease at the property. CRC originally acquired Cypress Run Marketplace in 2015 for $13.6 million and executed more than 17,000 square feet of leases during its ownership. Dennis Carson, Sriram Rajan and …

Melbourne, Fla. — Brookwood Financial Partners has acquired Melbourne Shopping Center, a 211,006-square-foot retail center located in Melbourne. Built in 1959 and renovated in 2022, the property was 92.4 percent leased at the time of sale. Publix anchors the center. Other tenants include Big Lots, Beall’s Outlet, Conn’s, Club 4 Fitness, Dollar Tree, Pet Supermarket, CATO, Pizza Hut and Firestone Complete Auto Care. Danny Finkle, Jorge Portela and Eric Williams of JLL Capital Markets arranged the transaction on behalf of the seller. Andrew Gray and Ryan Parker of JLL secured financing …

Jensen Beach, Fla. — Plaza Advisors has arranged the sale of Palm Breeze Plaza, a 48,110-square-foot shopping center located in Jensen Beach. Winn-Dixie anchors the property, which was fully leased at the time of sale. Other tenants at the center include Winn-Dixie Liquor, Domino’s, Carquest and St. Lucie Medical Specialists. Jim Michalak and Jeff Berkezchuk of Plaza Advisors represented the seller, FrostPoint Capital, in the transaction. FrostPoint acquired Palm Breeze Plaza in 2020 and completed extensive renovations at the property.