Core, James Resnick pick up Publix-anchored center in Plantation for $53M
Core Investment Properties Fund and a partner bought a Publix-anchored shopping center in Plantation for $53 million. Grocery-anchored retail plazas are hot commodities in South Florida, as the asset class has proven resilient to e-commerce and other market headwinds. Miami-based Core and Miami Beach-based investor James Resnick purchased the 184,300-square-foot Jacaranda Plaza at 8101-8373 West Sunrise Boulevard from Austin-based Epic Real Estate Partners and Chicago-based Heitman, according to records and real estate database Vizzda. The buyers borrowed $34.5 million from U.S. Bank. The price amounts to $288 per square foot. Jacaranda Plaza consists of three one-story buildings completed in 1974 […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

What the latest rate hike means for you

Beyond mortgage rates: How community lenders can expand access to homeownership

UAD 3.6 is almost here. Lenders need to move from awareness to production.

Mystery buyer builds $311M assemblage in Naples

Bankrupt West Palm Beach condo sells for $14M at auction

Manhattan Luxury Market Gets a Fall Bump as Sales Hit 4-Month High

Kim Kardashian Reveals Her At-Home Nighttime Routine With 4 Kids—and the Surprising Number of Nannies She Employs

Vishal Garg regains control of Better’s board after receiving 52% shareholder support

Lawmakers float a housing 2.0 push to build faster and cheaper

How To Find Out If There’s a Lien on Your House—Before It Wrecks Your Home Sale
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
