Jacksonville, Fla. — American Commercial Reality Corp. (ACR) has acquired Highland Square, a 277,000-square-foot shopping center located in Jacksonville.
Orlando, Fla. — Kimco Realty Corp. has sold East Orlando Shopping Center, a 131,981-square-foot, grocery-anchored center located in Orlando, for $6 million.
Maitland, Fla. — The Allen Morris Co. has begun construction on Maitland City Centre, a $68 million mixed-use development in Maitland, roughly 10 miles north of Orlando.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II has acquired six grocery-anchored shopping centers located in Florida, Massachusetts, Connecticut, Texas and Nevada.
Pinecrest, Fla. — Suniland Associates Ltd., an affiliate of Terranova Corp., has sold the 82,000-square-foot Suniland Shopping Center to a Denver-based REIT for $66.5 million.
Miami — Swire Properties Inc., along with co-developers Whitman Family Development and Simon Property Group, has signed 11 new retailers as tenants of Brickell City Centre’s 500,000-square-foot shopping center in Miami.
Miami Beach, Fla. — Marcus & Millichap has arranged the $12.3 million sale of Plaza 1600 South Beach, a 6,090-square-foot retail property located in Miami Beach’s South Beach neighborhood.