Kimberly Flores |
MIAMI, FL – HFF announced it has closed the sale of MiraBay
Village, a 93,985-square-foot, Winn-Dixie-anchored retail center and
adjacent 9.79-acre development site in Apollo Beach, Florida.
HFF
marketed the properties on behalf of the seller, Northwood Investors. Alidade Capital, LLC purchased the asset
free and clear of debt.
MiraBay Village is located at 252 Harbor Village Lane right
off of N.U.S. Highway 41 in the coastal town of Apollo Beach, a suburb 18 miles
south of downtown Tampa in Hillsborough County.
The property is next to MiraBay, a 750-acre waterfront
community, and Waterset, the largest residential master planned community under
development in the U.S.
Luis Castillo |
In addition to the
13.52-acre center, the property contains 4.81 acres of undeveloped outparcels
and 9.79 acres zoned for residential development.
Completed in 2008, the center is leased to a variety of
national and local tenants, including Winn-Dixie, H&R Block, Keller
Williams Realty, Apollo Beach Chamber of Commerce, Kimi’s Ice Cream and Asian
Buffet.
The
HFF investment sales team representing the seller was led by managing director Luis
Castillo, director Matt Mitchell, senior managing director Danny
Finkle and director analyst Kimberly Flores.
“The
opportunity to acquire a recently-built shopping center in a fast-growing
Florida market was appealing to investors,” Castillo said. “MiraBay Village is a dominant center and
very well-positioned in its market.
HFF’s investment sales team secured more than $2.8 billion
in sales of retail assets nationally through the end of the third quarter of
2014. In Florida, HFF closed more than
$1.15 billion in retail transactions across all capital markets platforms
during the same period.
For a complete
copy of the company’s news release, please contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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