CBRE Arranges $37.8 Million Sale of Shopping Center in Central Florida

Lady Lake, Fla. — CBRE has arranged the $37.8 million sale of Rolling Acres, a 189,390-square-foot shopping center located along U.S. Highway 441 in Lady Lake.

TJ Maxx, Ross Dress for Less, Petco, Staples, Beall’s Outlet and Michaels anchor the property. Outparcel tenants include Chick-fil-A, Outback Steakhouse and Carrabba’s Italian Grill. VEREIT purchased Rolling Acres from an affiliate of Sterling Global Financial Ltd. Dennis Carson and Casey Rosen of CBRE’s national retail investment group’s Florida team represented the seller in the transaction.