TSCG Brokers $17 Million Sale of Palm Trails Plaza Shopping Center in Deerfield Beach, Florida

by Hayden Spiess

Deerfield Beach, Fla. — TSCG has brokered the sale of Palm Trails Plaza, a 76,067-square-foot shopping center located at Military Trail and SW 10th Street in Deerfield Beach. An affiliate of Savitar Realty Advisors sold the retail center to an affiliate of Boca Raton, Florida-based Investments Limited for $17 million. Anthony Blanco, Mallory Silva and Nick Ureta of TSCG represented the seller in the all-cash transaction. Completed in 1998 and 2012, Palm Trails Plaza was fully leased at the time of sale to tenants including anchor Walmart Neighborhood Market. The site includes outparcels occupied by Regions Bank and Pollo Tropical that were not part of the sale.

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