PEBB Enterprises, Banyan Development Close Site Acquisition For New Retail Project In Port St. Lucie
PEBB and Banyan picked up the 23-acre site for $7.46 million.
PEBB and Banyan picked up the 23-acre site for $7.46 million.
Colliers Executive Vice President Michael Falk, Senior Vice President Russell Bornstein, and Associate Jonathan Temple represented the seller in the transactions.
The deals with Aldi and numerous other newly signed tenants bring the 71,000-square-foot project to more than 50% pre-leased.
The frequent joint venture partners have a contract to acquire nearly 15 acres for the future construction of the Shoppes @ the Heart of Tradition.
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