Gainesville, Fla. — Foxtail Coffee Co. has opened a new location at Butler Town Center, a shopping mall in Gainesville with over 150 stores and restaurants. The Orlando-based coffee shop serves various espresso drinks, cold brew coffee, teas and treats. The new location will be at 2851 SW 35th Drive in Suite 10, next to P.F. Chang’s, CycleBar and Pink Narcissus. The coffee shop location is a local franchise owned by Cleveland Hooper.
Valrico, Fla. — CBRE has arranged the $3.2 million sale of a 12,496-square-foot multi-tenant property anchored by a Tire Choice Total Car Care Center in Valrico, about 16 miles from Tampa, to a private investor. Mark Shellabarger and Ari Ravi of CBRE Capital Markets represented the seller, a local private investor. Michael Kaplan from Weitzman represented the buyer. Located at 3519 Bell Shoals Road, the property was fully leased to three tenants at the time of sale.
Gainesville, Fla. — Allie Allure, a women’s fashion boutique, will open on April 2 in Gainesville. The 2,000-square-foot location will be the first brick-and-mortar location for the retailer. Allie Allure’s new store will offer dresses, skirts, tops, pants, and accessories for high school, college and business professionals. Located at 3204 SW 35th Blvd., the property will be situated next to a JOANN Fabric and Craft Store and Publix within Butler Plaza, a shopping center with over 150 stores and 2 million square feet of retail and restaurant space owned by …
Miami — CBRE has arranged the sale of Pointe at Kendall Town Center, a retail center located on Kendall Drive and SW 162nd Ave. in Miami. Built in 2019, the property was fully leased at the time of sale and includes five outparcels ground leased to tenants including Texas Roadhouse, Panera Bread, Olive Garden, Sanitas Medical Center and Walk On’s. Dennis Carson and Casey Rosen of CBRE represented the undisclosed seller in the transaction.
Miami — Brickell Station Partners has sold a retail property in Miami to Gazit Horizons for $20.1 million. Hector Antunez and Juan Andres Nava from Metro 1 represented Brickell Station Partners, and Fabian Graff of Metro 1 represented Gazit Horizons. The building, located in downtown Miami’s Brickell neighborhood, is currently home to Toasted Bagelry & Deli, Talkin’ Tacos, CBD American Shaman and Stanzione 87 pizzeria.
Atlanta and Fort Lauderdale, Fla. — Atlanta-based furniture retailer The Aaron’s Co. has agreed to acquire BrandsMart USA. for $230 million. BrandsMart is an appliance and consumer electronics retailer with 10 stores in Florida and Georgia. For the 12 months that ended Dec. 25, 2021, the Fort Lauderdale, Florida-based company generated $757 million in revenue. The transaction is subject to closing adjustments and is expected to close during the second quarter. Upon closing, BrandsMart will report to Aaron’s president, Steve Olsen, and will continue to be headquartered in Fort Lauderdale. …
Boynton Beach, Fla. — SJC Ventures has signed a new lease with Whole Foods Market at Boynton Beach Marketplace, a 69,204-square-foot shopping center development underway in Boynton Beach. Located at 7499 W Boynton Beach Blvd., the property is expected to house sit-down restaurants, fast-casual eateries, service establishments and boutique fitness options. A timeline for the project was not disclosed.
Spring Hill, Fla. — CBRE has arranged the sale of the Shoppes at Avalon, a 62,758-square-foot shopping center in Spring Hill, about 50 miles from Tampa. Built in 2009 at 13455 County Line Road, the property was 93 percent leased at the time of sale. The center includes seven available outparcels totaling 10.5 acres. Dennis Carson and Casey Rosen of CBRE represented the seller, a joint venture including Stiles Corp. Phillips Edison & Co. acquired the property.
Land O’ Lakes, Fla. — SRS Real Estate Partners’ National Net Lease Group has brokered the $2.3 million sale of a newly developed, single-tenant retail property in Land O’ Lakes, about 19 miles from Tampa. William Wamble and Patrick Nutt of SRS represented the seller, an entity doing business as RS Roach LLC. The buyer was a private investor based in Wyoming. Built in 2022 and situated on 1.1 acres, the 2,500-square-foot ground-lease property has a 15-year tenant lease in place with Wendy’s.
St. Johns, Fla. — CBRE has brokered the $19.2 million sale of Shoppes at Beachwalk, a newly built, Publix-anchored shopping center located in St. Johns, about 22 miles from Jacksonville. The developer, Pebb Enterprises, delivered the 58,887-square-foot shopping center last year. Publix Super Markets purchased Shoppes at Beachwalk, which was fully occupied at the time of sale. Casey Rosen and Dennis Carson of CBRE’s National Retail Partners team represented the seller in the transaction.
