CBRE Arranges Sale and Financing of Two Neighborhood Retail Centers in Florida

by Katie Sloan

Bradenton, Fla. — CBRE has arranged the sale and financing of two retail centers located in the master-planned community of Lakewood Ranch in Bradenton.

The 12,569-square-foot Shoppes at Summerfield and the 11,000-square-foot Shoppes at Market Square were acquired by B & L Investments for $5.8 million.

Don Jennewein and Mark Shellabarger of CBRE worked on behalf of the seller, Win IV LTD. Jennewein arranged financing on behalf of the buyer with Genworth Life Insurance Co.

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