FORT MYERS, FL, Aug. 20, 2009 – CB Richard Ellis (CBRE), the world's leading commercial real estate services provider, and Maury L. Carter & Associates, Inc. announce the sale of Southpointe Commons, a neighborhood shopping center located on College Parkway in Fort Myers, Fla. (middle right map)The property was acquired by 5999 South Point, LLC.
The CBRE Florida National Retail Investment Group exclusively represented the Chicago-based seller, which was a fund advised by Prudential Real Estate Investors. Daryl M. Carter (bottom left photo) and Orme Miller with Maury L. Carter & Associates, Inc. represented the buyer which was a family investment trust.
The CBRE Florida National Retail Investment Group exclusively represented the Chicago-based seller, which was a fund advised by Prudential Real Estate Investors. Daryl M. Carter (bottom left photo) and Orme Miller with Maury L. Carter & Associates, Inc. represented the buyer which was a family investment trust.
"Southpointe Commons is a Class A shopping center anchored by Publix. The property has a lengthy history of successful operations and an excellent location in its trade area," said Casey Rosen,(top left photo) senior vice president for CBRE. "The buyer was interested in a stable, low-risk investment opportunity involving high quality real estate and this property met that criterion."
Anchored by a 44,270-sq. ft. Publix grocery store, the 58,670-sq. ft. shopping center features national and regional tenants including Blockbuster, GNC and Papa Johns.
Anchored by a 44,270-sq. ft. Publix grocery store, the 58,670-sq. ft. shopping center features national and regional tenants including Blockbuster, GNC and Papa Johns.
The property is strategically located on the "going home" side of College Parkway, immediately east of the southernmost bridge between Fort Myers and Cape Coral serving a high-growth suburban trade area.Contact: Rachel Andreozzi, 954.745.7464, rachel.andreozzi@cbre.com
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