Walgreens has approximately twenty-two years of lease term remaining on an original twenty-five year triple net lease with a rare rental escalation in the primary term of the lease. CLICK ON THE HEADLINE FOR MORE
Bal Harbour Shops has agreements with most of their tenants forbidding them from locating in competing areas. CLICK ON THE HEADLINE FOR MORE
The 11,000 square foot shopping center will break ground this fall and plans to open by spring 2014. CLICK ON THE HEADLINE FOR MORE
The Pompano Marketplace sale is the second most-expensive retail purchase for the region so far in 2013. CLICK ON THE HEADLINE FOR MORE
The assignments include the leasing representation for eight shopping centers in South Florida. CLICK ON THE HEADLINE FOR MORE
The seller, Morgan Property Group, acquired the 1.4-acre property in 2001 through its affiliate, and developed the freestanding drugstore. CLICK ON THE HEADLINE FOR MORE
Kirk D. Olson and Drew A. Kristol had the exclusive listing to market the property on behalf of the seller. CLICK ON THE HEADLINE FOR MORE
A joint venture between TIAA-CREF and Weingarten Realty Investors sold the sold the asset to an affiliate of San Francisco-based Stockbridge Capital Group LLC. CLICK ON THE HEADLINE FOR MORE
“This was a highly complex transaction, due to the non-conforming status of the building and site as related to current zoning requirements in the area.” CLICK ON THE HEADLINE FOR MORE
There was significant activity in the market for smaller properties while most larger properties were stable. But whether that trend will continue remains to be seen. CLICK ON THE HEADLINE FOR MORE