Joint Venture Sells Royal University Plaza in Florida for $48 Million

by Katie Sloan

Coral Springs, Fla. — CPAC Royal University LLC — a joint venture between CREC and Lubert Adler — has sold Royal University Plaza, a 115,000-square-foot shopping center located in Coral Springs, for $48 million.

Tenants at the center include Total Wine & More, Orchard Supply Hardware, Pet Supermarket, Jimmy John’s, Hertz Rental Cars, Smoothie King and AAA Auto Club. The buyer was undisclosed. 

You may also like