Florida

West Palm Beach, Fla. — CBRE has arranged the $6.5 million sale of Palm Beach Place, a 33,196-square-foot retail center in West Palm Beach. David Donnellan and Patricia Friend of CBRE represented the seller, Harland Properties, in the disposition of the property to an undisclosed private investor. Built in 1981, Palm Beach Place was formerly known as West Palm Beach Merchandise Mart. The property is fully leased to tenants including L&D Beauty Supply Inc., Dan’s Fan City, Sherwin-Williams, Uniforms of WPB, Quantum Benefit Group Inc and Hospice of PB County …

Fort Pierce, Fla. — American Commercial Realty Corp. has acquired Indrio Crossings Shopping Center, a 131,000-square-foot center located at 4846 N. Kings Highway in Fort Pierce. The property is anchored by a 57,200-square-foot Winn-Dixie Grocery and co-anchored by Bealls Outlet and Dollar Tree. The Winn-Dixie location was renovated in 2018. AutoZone is set to open at the center in November. Kevin Yaryan, Kyle Stonis and Pierce Mayson of SRS’ Investment Properties Group represented the undisclosed seller in the transaction. George Kleier of American Commercial Realty represented the buyer.

Eustis, Fla. — JLL Capital Markets has arranged the $9.2 million sale of the Shoppes at Eustis Village, a 29,367-square-foot retail strip center in the Orlando-area community of Eustis. Brad Peterson, Whitaker Leonhardt, Michael Brewster and Tommy Isola of JLL represented the seller, CORE Investment Properties. Tabani Group Inc. acquired the property. Completed in 2006, the center is fully leased to nine tenants including Starbucks Coffee, Verizon Wireless, Pep Boys, Greenberg Dental, Liberty Health Sciences and Planet Smoothie. Located at 15439 US Highway 441, the three-building property is shadow anchored …

Naples, Fla. — RealSource Group has arranged the $5.6 million sale of a single-tenant property net-leased to 7-Eleven in North Naples. Austin Blodgett of RealSource, along with ParaSell Inc., represented the buyer, a private investor based in Los Angeles, California. John Beckman of Retail Site Experts represented the seller, Creighton Development, in the transaction. The 3,155-square-foot building is located on 0.8 acres at Green Tree Center and features a fuel station.

Palm Beach Gardens, Fla. — CBRE has arranged the $101.7 million sale of Legacy Place, a 425,316-square-foot open-air shopping center in Palm Beach Gardens. A joint venture between Lone Star Funds and Woolbright Development purchased the property. Casey Rosen and Dennis Carson of CBRE National Retail Partners in Florida represented the undisclosed seller in the transaction. Legacy Place was 72 percent leased at the time of sale to tenants including Barnes & Noble, Bassett Furniture, Best Buy, Ethan Allen, Michael’s, Nicklaus Children’s Hospital, Petco, The Container Store and Total Wine …

Fort Lauderdale, Fla. — AvalonBay Communities has acquired CURV, a recently completed mixed-use project located at the corner of Federal Highway and Southeast 17th St. in downtown Fort Lauderdale. Built in 2020, CURV includes 243 apartments atop a 49,071-square-foot Whole Foods Market grocery store. The property includes a 668-space parking garage shared by shoppers and renters. Newmark represented the seller, affiliates of Ram Realty Partners IV LP, in the transaction. The sales price was not disclosed.