Terra Completes $56 Million Sale Of Mixed-Use Retail Development
The 135,000-square-foot shopping center in Pembroke Pines is anchored by Publix Supermarket and Burlington.
The 135,000-square-foot shopping center in Pembroke Pines is anchored by Publix Supermarket and Burlington.
Mike Ciadella, Scott O’Donnell, and Dominic Montazemi of Cushman & Wakefield represented the seller in the transaction.
Parks at Delray will ultimately deliver a 747-unit multifamily development offering townhouses along with three- and five-story garden-style buildings, in addition to an estimated 40,000 square feet of grocery-anchored retail space and an existing, 68,000-square-foot office building.
Through a strategic partnership, Indigo Properties and Linkvest Capital plan to develop a vibrant mixed-use project comprising several free-standing retail parcels and a proposed storage facility.
The off-market transaction was an all-cash purchase.
Here are the most popular news headlines this past week on CRE-sources.
Leveraging his deep expertise in private equity, real estate and capital markets, Green has facilitated transactions totaling over $500 million throughout his career. He now takes the helm to accelerate Terra Energy’s U.S. expansion strategy.
Here are the most popular news headlines this past week on CRE-sources.
Mark Gilbert, Adam Feinstein, and Mitchell Halpern of Cushman & Wakefield represented the seller in the transaction.
The 71,000-square-foot project will be anchored by popular supermarket chain Aldi, which will be leasing 19,231 square feet at the center.
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