Tuesday, October 11, 2011

Plaza Advisors Announces Sale of Towne Center Plaza in Sanford, FL



TAMPA, FL --Plaza Advisors is pleased to announce the sale of Towne Center Plaza (top left photo) in Sanford, Florida. This shopping center is situated adjacent to the Seminole Towne Center Mall on North Entrance Road in northern Seminole County.

Towne Center Plaza totals 82,098 square feet of gross leasable area and is anchored by Jo-Ann Superstore, Books-A-Million, Tuesday Morning and West Marine. The asset was constructed in 1998 and was fully leased at the time of sale.

 Plaza Advisors exclusively represented the seller in this transaction and co-managing partners Anthony Blanco and Jim Michalak, together with Senior Associate, Lenard Williams were involved in the engagement. The seller was a private partnership entity and the buyer was a private investment group based in North Miami.

Contacts:

Miami Office                                                  Tampa                        

Anthony Blanco                                            Jim Michalak
5201 Blue Lagoon Drive, Suite 846                      3412 Bay to Bay Boulevard
Miami, FL 33126                                                Tampa, FL 33629
OFFICE: 305-629-3606                                       OFFICE: 813-837-1300
FAX: 305-647-6441                                              FAX: 813-831-2627

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