Florida

Caliber Car Wash

Winter Park, Fla. — RealSource Group has arranged the $4 million sale of a newly built, single-tenant property occupied by Caliber Car Wash at 6750 Aloma Ave. in Winter Park. Austin Blodgett of RealSource, in association with ParaSell Inc., represented the seller, a developer based in Tampa, Florida, in the off-market transaction. Jeff Lefko of Hanley Investment Group represented the buyer, a private investor based in Southern California. The 3,000-square-foot Caliber Car Wash occupied the property under an absolute triple-net, 20-year lease.

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Horizon Park

Tampa, Fla. — Plaza Advisors has arranged the sale of Horizon Park, a 215,713-square-foot shopping center located at 3904 W Hillsborough Ave. in Tampa. An entity doing business as CRP II – Horizon Park LLC sold the property for $21.9 million. The buyer was not disclosed. Jim Michalak and Keith Nurre of Plaza Advisors represented the seller and were the only brokers involved in the transaction. Built in 1971, Horizon Park was renovated in 1980 and 1988 and was 86 percent leased at the time of sale. The shopping center’s …

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Orlando, Fla. — TCB-WCO has purchased West Colonial Oaks, a 160,792-square-foot shopping center located in Orlando, for $17 million. Office Depot, Family Dollar, Olive Garden and Ollie’s Bargain Discount Store anchor the property. Jose Sasson of Axiom Capital Advisors represented the undisclosed seller and Michael Smith of Sands Investment Group represented the buyer in the off-market transaction.

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Crunch

Lakeland and Melbourne, Fla. — SRS Real Estate Partners has arranged the sale of two Crunch Fitness-occupied properties located in the central Florida cities of Lakeland and Melbourne. Matthew Mousavi, Patrick Luther and Patrick Nutt of SRS represented the seller, a Florida-based development firm, in the disposition of both properties to two separate buyers. Mousavi and Luther also represented the undisclosed buyers in the transactions, both of which are California-based private investors. The 18,000-square-foot Lakeland property is located at 5218 Florida Ave. S and sold for $5.9 million. Located at …

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Winn Dixie

High Springs, Fla. — SRS Real Estate Partners has brokered the $4.8 million sale of a single-tenant grocery property located at 20303 N US Highway 441 in High Springs, a suburb of Gainesville. The tenant, Winn-Dixie, has more than 27 years of lease remaining at the location. The Winn-Dixie is part of a 57,850-square-foot shopping center. Built in 1985 on 5.2 acres, the tenant roster includes Bealls Outlet, Advance Auto Parts and Cricket Wireless, none of which were part of the sale. The seller, an entity doing business as H&R …

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Miami — Orion Real Estate Group, via a joint venture with Miami-based Limestone Asset Management, has purchased a portfolio of retail properties leased to Walgreens for approximately $62.2 million. The portfolio includes 14 locations throughout the United States. Wells Fargo is providing acquisition financing. Kevin Sanz of Orion Real Estate Group led the buyer group. Brian Pfohl and Maury Vanden Eykel of CBRE represented the seller, Walgreens. This closing follows Limestone and Orion’s purchase of on an additional Walgreens portfolio for $133 million in June. The June portfolio encompasses 27 …

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Davie Plaza

Davie, Fla. — Franklin Street has arranged the $6.3 million sale of Davie Plaza, a 24,623-square-foot shopping center located in Davie. Greg Matus and Jonathan De Maa of Franklin Street represented a local private investor in acquiring the property. An entity doing business as Davie Investments LLC was the seller. Located at 7110-7162 Stirling Road in South Florida’s Broward County, Davie Plaza is situated on the corner of Stirling and Davie roads and is surrounded by neighboring retail plazas, as well as several multifamily development projects. The 1970s-era property was …

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Starbucks

Culver City, Calif., Alexandria, La. and Ocala, Fla. — Hanley Investment Group Real Estate Advisors and Enduring Real Estate have brokered the sales of three, single-tenant net lease retail properties occupied by Starbucks. The combined total of the sales was approximately $10 million. One of the properties, a 2,249-square-foot building in Culver City, is located at 12313 Jefferson Blvd. and does not have a drive-thru. Built in 2007, the building is situated at the entrance to Playa Vista, which is home to Facebook, Google, Microsoft, Yahoo, YouTube, Fox Sports, Nike …

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St. Johns Town Center

Jacksonville, Fla. — JLL Capital Markets has arranged the sale of St. John’s Town Center North, a 113,139-square-foot shopping center in Jacksonville. Danny Finkle and Eric Williams of JLL represented the seller, American Realty Advisors LLC. An affiliate of Core Investment Management acquired the property for an undisclosed price. St. John’s Town Center North is situated on 14.2 acres at 4413-4507 Town Center Parkway North adjacent to St. John’s Town Center. Constructed between 2006 and 2007, St. John’s Town Center North is fully leased and is anchored by Publix and …

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Miami Worldcenter

Miami — Four restaurants have signed leases at Miami Worldcenter, the $4 billion, 27-acre mixed-use development downtown. The four restaurants are Chicago-based steakhouse Maple & Ash; Etta, a neighborhood restaurant centered around a wood-fired hearth; Laurel Brasserie and El Vecino, both concepts by Miami chef Michael Beltran. All four restaurants are slated to open in 2022.

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