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Plaza Alegre, 14630 SW 26th Street, West Kendall, FL |
MIAMI, FL – HFF announced today that it has closed the sale
of Plaza Alegre and Meadows, two Publix-anchored neighborhood
centers totaling 163,935 square feet in the Miami, Florida submarket of West
Kendall.
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Meadows Shopping Center, 4260 SW 152nd Avenue, West Kendall, FL |
HFF
marketed the properties exclusively on behalf of the seller, Equity One,
Inc. A fund managed by the Goldman
Sachs Real Estate Investment Group purchased the assets free and clear of
existing debt.
 |
| Daniel Finkle |
Completed in 2003, Plaza Alegre is an 88,411-square-foot center that is
94.6 percent leased to tenants including Publix, Goodwill, and Wells
Fargo. The property is situated on 7.97
acres at 14630 SW 26th Street.
Meadows has 75,534 square feet of retail space that is 95.5 percent
leased. Prominent tenants include
Publix, Supercuts and GNC. The property
is located on a 9.11-acre site at 4260 SW 152nd Avenue.
The
HFF team representing the seller was led by senior managing director Danny
Finkle, director Luis Castillo, and senior real estate analyst Rob
Saracco.
 |
| Luis Castillo |
“We continue to see extraordinary demand for high quality,
grocery-anchored retail centers like these,” said Castillo. “Plaza Alegre and Meadows are two extremely
productive properties in dense infill markets that should continue to
outperform for its new owners.”
HFF’s investment sales team closed more than $2.4 billion in
sales for retail assets nationally in 2012. HFF capitalized more than $680 million in retail transactions in
the state of Florida during 2012.
For a complete copy of the company’s news release, please
contact:
Olivia Hennessey
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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