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TSCG Arranges Sale of Three Florida Shopping Centers

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The Shopping Center Group has arranged the sale of three Florida retail centers in Jacksonville, Orlando and Coral Springs. The total dollar value of the sales was more than $18 million.

Atlantic Springs Plaza, a 34,000-square-foot center in Coral Springs was sold by Cedarwood Development to a private, South Florida investor for $7.1 million. Deltona Commons, a 49,000-square-foot grocery-anchored center in Orlando was sold by CIM Group to Global Fund Investments for $8 million. Dollar Tree Shoppes, a 17,400-square-foot center in Jacksonvilleā€™s Yulee submarket, was sold by Tabani Group to a California investor represented by Colliers for $3.3 million.

Anthony Blanco, Lenard Williams, Mallory Silva and Tyler Freeman of TSCG represented the sellers in the three separate transactions.

*Pictured above is Deltona Commons

Original article appeared here.

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