Plaza Advisors Brokers Sale of Walgreens in Cape Coral, FL

TAMPA, FL--Plaza Advisors is pleased to announce the recent sale of a freestanding Walgreens located at 3015 SW Pine Island Road in Cape Coral, Lee County, Florida.

This building was completed in 2010 and totals 14,820 square feet (SF). The asset was on a 1.54 acre outparcel to a Publix anchored shopping center named Coral Shores.

Plaza Advisors acted as the sole broker in the transaction and represented the seller.

Co-managing partners Anthony Blanco (top left photo)  and Jim Michalak (top right photo) , together with Senior Financial Analyst, Lenard Williams  (bottom right photo) were involved in the engagement. The seller was Cape Coral LLC and the buyer was CP Plaza, LLP.

 Contact:  Jim Michalak, Managing Partner, Plaza Advisors, 3412 Bay To Bay Boulevard, Tampa, FL 33629, 813.837.1300 Ext. 101, Fax 831.2627, jim.michalak@plazadvisors.com

Miami office; 5201 Blue Lagoon Drive, office,  305-629-3606; fax 305-647-6441

http://www.plazadvisors.com/,

Plaza Advisors Announces Its Fifth Shopping Center Sale of 2009

PLANT CITY, FL, July 1, 2009--Plaza Advisors is pleased to announce the sale of the Plant City Crossing shopping center (top right photo) located in the Tampa Bay MSA.

The transaction closed July 1, 2009. The center is 85,252 square feet (sf) and features a 37,860 sf Publix Supermarket.

The project, built in 2001, is located at the intersection of I-4 and Thonotosassa Road in Plant City, FL.

The property was 95% occupied at the time of sale. The center included several recognizable tenants such as Cato, Dollar General, Little Caesar’s Pizza, Supercuts, H & R Block, Blockbuster Video, and Subway.

Plaza Advisors represented the seller in the transaction and co-managing partners Anthony Blanco (bottom right) and Jim Michalak, (middle left photo) together with Senior Financial Analyst Lenard Williams were involved in the engagement.

The seller and buyer were Southeast Plant City, L.L.C. and Fraga Development Corporation, respectively.

The sale of Plant City Crossing is the fifth transaction for Plaza Advisors in 2009.

Earlier this year, Plaza Advisors sold Regency Village, a Publix-anchored center located in Orlando, The Village Shopping Center, a Publix and Bealls Outlet anchored center in Port Orange, Belleair Bazaar, a Bonefish Grill-anchored center in the Clearwater area, and Palafox Square, a WalMart Supercenter and Office Depot shadow anchored center located in Pensacola, FL

CONTACTS:

Jim Michalak, office 813-837-1300. FAX: 813-831-2627 Jim.michalak@plazadvisors.com

Anthony Blanco, office 305-629-3606. FAX: 305-647-6441
Anthony.blanco@plazadvisors.com

Plaza Advisors Announces Fourth Shopping Center Sale of 2009

TAMPA, FL Plaza Advisors is pleased to announce the sale of the Palafox Square shopping center (top left photo) in Pensacola, Florida.

The center contains shadow anchors’ WalMart Supercenter (219,742 sf) and a 22,500 sf Office Depot.

The project, built in 1999, is located at the intersection of Pensacola Boulevard and West Hood Drive. The property was 100% occupied at the time of sale and included 17,150 sf of local space with several recognizable tenants such as Radio Shack, Gamestop, GNC, Fantastic Sams, and Sally Beauty Supply.

Plaza Advisors represented the seller in the transaction and co-managing partners Jim Michalak (middle right photo) and Anthony Blanco (middle left photo) , together with Senior Financial Analyst Lenard Williams (bottom right photo) were involved in the engagement.

The seller and buyer were Developers Diversified Corporation and Yale Realty Services Corp., respectively. The sale of Palafox Squarer is the fourth transaction for Plaza Advisors in 2009.

Earlier this year, Plaza Advisors sold Regency Village, a Publix-anchored center located in Orlando, The Village Shopping Center, a Publix and Bealls Outlet anchored center in Port Orange, and Belleair Bazaar, a Bonefish Grill-anchored center in the Clearwater area.

Plaza Advisors, with offices in Tampa and Miami, is a real estate brokerage firm that specializes in the disposition of anchored shopping center properties in the southeastern United States.

Plaza Advisors clients include private equity, developers, and major institutions including pension funds, servicing agents, life insurance companies, REITs, and money center banks.

Co-managing partners Jim Michalak and Anthony Blanco have a combined 35 years investment brokerage experience. The duo has closed over 140 shopping center transactions, with a combined GLA exceeding 15 million square feet with an aggregate sales volume in excess of $2 billion.

CONTACTS:

Jim Michalak, Jim.michalak@plazadvisors.com

Anthony Blanco, Anthony.blanco@plazadvisors.com

Plaza Advisors Announces Its Third Shopping Center Sale of 2009

TAMPA, FL--Plaza Advisors is pleased to announce the sale of the Village Shopping Center (top left photo) in Jacksonville, Florida.

The center totals 135,453 square feet and is anchored by Publix and a Bealls Outlet.

The project, built in 1989, is located at the intersection of Blanding Boulevard and College Drive in the city of Orange Park.

The property was 98% occupied at the time of sale and included several recognizable tenants such as Dollar Tree, Subway, Papa Johns Pizza, GNC, The UPS Store, Allstate, Fantastic Sams, and Sally Beauty Supply.

Plaza Advisors represented both parties in the Village Shopping Center transaction and co-managing partners Jim Michalak (middle right photo) and Anthony Blanco, (middle left photo) together with Senior Financial Analyst Lenard Williams (bottom right photo) were involved in the engagement.

The seller and buyer were BG Village LLC and Noble Management Company, respectively.

The sale of Village Shopping Center is the third transaction for Plaza Advisors in 2009. Earlier this year, Plaza Advisors sold Regency Village, a Publix-anchored center located in Orlando and Belleair Bazaar, a Bonefish Grill-anchored center in the Clearwater area.

Plaza Advisors, with offices in Tampa and Miami, is a real estate brokerage firm that specializes in the disposition of anchored shopping center properties in the southeastern United States.

Plaza Advisors clients include private equity, developers, and major institutions including pension funds, servicing agents, life insurance companies, REITs, and money center banks.

Co-managing partners Jim Michalak and Anthony Blanco have a combined 35 years investment brokerage experience. The duo has closed over 140 shopping center transactions, with a combined GLA exceeding 15 million square feet with an aggregate sales volume in excess of $2 billion.

CONTACTS:

Jim Michalak
Managing Partner
Plaza Advisors
3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 101
Fax 831.2627
jim.michalak@plazadvisors.com

MIAMI OFFICE

Anthony Blanco
5201 Blue Lagoon Drive, Suite 846
Miami, FL 33126
PH: 305-629-3606
FAX: 305-647-6441
Anthony.blanco@plazadvisors.com

http://www.plazadvisors.com/

Plaza Advisors’ New Partner and New Miami Office

TAMPA, FL-Plaza Advisors is pleased to announce the addition of Anthony Blanco (top right photo) as a Managing Partner.

Mr. Blanco will be based in the Miami office and will be responsible for business development and execution.

The firm exclusively focuses on the sale of retail investment properties throughout the Southeastern United States for institutions, private owners, banks and special servicers.

Prior to joining Plaza Advisors, Anthony Blanco was Vice President of Investment Sales with CB Richard Ellis in Miami. Anthony brings more than fifteen years of experience in the shopping center industry to the company.

Mr. Blanco will team with Jim Michalak, (bottom left photo) founder and co-managing partner of Plaza Advisors. Mr. Michalak has over 25 years of experience in the real estate industry. Together Mr. Michalak and Mr. Blanco have completed approximately $2 billion in retail sales transactions.

In January 2009, Plaza Advisors completed the $15.25 million disposition of Regency Village in Orlando on behalf of Regency Centers, and in March 2009 completed the sale of Belleair Bazaar, located in the Clearwater area.

For more information on Plaza Advisors please visit http://www.plazadvisors.com/.

Contact: Lenard Williams, lwilliams@plazadvisors.com

Plaza Advisors Brokers Sale of Belleair Bazaar Shopping Center in Clearwater, FL Area

TAMPA, FL, Mar. 18, 2009-- Plaza Advisors is pleased to announce the sale of the Belleair Bazaar shopping center (top right photo) located in the Belleair Bluffs area of Clearwater, Florida. The price was $6.45 million.

The transaction closed March 17, 2009. Jim Michalak, (top left photo) Anthony Blanco and Jess Wirts (middle right photo) of Plaza Advisors exclusively represented the seller West Bay Drive, LLC.

The buyer was Sunrise Plaza Holdings, LLC.

The project, located on West Bay Drive contains 38,569 square feet and was 82.3% occupied.

The asset was built in 1969 and last renovated in 2002. The center’s tenants include Bonefish Grill, Cold Stone Creamery, and Westshore Pizza.

Plaza Advisors is a real estate brokerage firm that specializes in the disposition of anchored shopping center properties in the southeastern United States.

Plaza Advisors clients include private equity, developers, and major institutions including; pension funds, life insurance companies, REITs, and money center banks.

Jim Michalak and Anthony Blanco, the firm’s managing partners, have a combined 40 years experience as retail investment advisors.

The team has closed over 145 shopping center transactions with an aggregate sales volume in excess of $2 billion. Plaza Advisors is headquartered in Tampa and has a satellite office in Miami.

CONTACT:

Jim Michalak, Managing Partner, Plaza Advisors, 3412 Bay To Bay Boulevard, Tampa, FL 33629. ph 813.837.1300, Ext. 101. Fax 831.2627
jim.michalak@plazadvisors.com
http://www.plazadvisors.com/

Plaza Advisors Brokers Sale of Orlando Retail Center

ORLANDO, FL-Plaza Advisors of Tampa, FL is pleased to announce the sale of Regency Village, a Publix anchored shopping center located in the Buena Vista area of Orlando, Florida. The transaction closed January 29, 2009.

Jim Michalak (top right photo) of Plaza Advisors exclusively represented the seller Tinwood LLC, a joint venture between Regency Centers and Publix. The buyer was Regency Village Realty Associates, LLC.

The project, located at the intersection of International Drive South and Vineland Avenue, contains 83,167 square feet and was 88% occupied.

The asset was built in 2002. The sale included a freestanding Outback Steakhouse. The center’s major tenants include; Subway, The UPS Store, and Sony JVC Superstore.

Plaza Advisors is a real estate brokerage firm that specializes in the disposition of anchored shopping center properties in the southeastern United States.

Plaza Advisors clients include private equity, developers, and major institutions including; pension funds, life insurance companies, REITs, and money center banks.

Jim Michalak, the firm’s managing partner, is a 25 year career real estate broker. Mr. Michalak has closed over 100 shopping center transactions, with a combined GLA exceeding ten million square feet with an aggregate sales volume in excess of $1 billion. Plaza Advisors is based in Tampa, FL

http://www.plazadvisors.com/

Jim Michalak
Managing Partner
Plaza Advisors
3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 101
Fax 831.2627
jim.michalak@plazadvisors.com

Selmon's Plaza in Largo, FL Sold

TAMPA, FL--Plaza Advisors is pleased to announce the sale of Selmon’s Plaza, a Sweetbay grocery store shadow anchored shopping center located on E. Bay Drive and Keene Road in Largo (Tampa MSA) Florida. The transactions closed September 16, 2008.

The Plaza Advisors team composed of Jim Michalak, (top right photo) Lenard Williams (top left photo) and Jess Wirts, (middle right photo) exclusively represented Kimco Realty Corp, the seller on the transaction. The buyer, CRI Plaza 1, LLC, was not represented by a broker on the sale.

The project GLA is 56,668 square feet not including the 45,871 sf Sweetbay store. The asset was built in 1989. The center’s major tenants include; You Fit (fitness center) and Indigo Joes restaurant. The KFC and Bank of America outparcels were not included in the sale.

Plaza Advisors is a real estate brokerage firm that specializes in the disposition of anchored shopping center properties in the southeastern United States.

Plaza Advisors clients include private equity, developers, and major institutions including; pension funds, life insurance companies, REITs, and money center banks.

Jim Michalak, the firm’s managing partner, is a 23 year career real estate broker. Mr. Michalak has closed over 100 shopping center transactions, with a combined GLA exceeding ten million square feet with an aggregate sales volume in excess of $1 billion. Plaza Advisors is based in Tampa, FL

CONTACT:

Jim Michalak
Managing Partner
Plaza Advisors
3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 101
Fax 831.2627
jim.michalak@plazadvisors.com
http://www.plazadvisors.com/

Plaza Advisors Adds Jess Wirts to Retail Investment Sales Team

TAMPA, FL--Plaza Advisors welcomes Jess Wirts, (top right photo) Investment Sales Associate, to its retail investment sales team.

Jim Michalak, (top left photo) Managing Partner of Plaza Advisors, says Wirts brings several years of proven real estate transaction experience.

Prior to Plaza Advisors, Wirts worked as an investment sales broker for a retail and multi-family firm based out of Tampa.

Wirts graduated from Western Michigan University with a Bachelor’s Degree in Business Finance. Wirts holds a Florida Brokers and General Contractor Licenses, and is also a member of ICSC.

Plaza Advisors is a real estate advisory firm based in Tampa, Florida. The firm specializes in the disposition of anchored shopping center properties throughout the southeastern United States and exclusively represents institutional and private equity owners.

The firm’s principal has closed over 100 anchored shopping center transactions with a combined GLA exceeding more than 10 million square feet, and a sales volume exceeding $1 billion.

CONTACTS:

Jim Michalak, Managing Partner, Plaza Advisors, 3412 Bay to Bay Boulevard, Tampa, FL 33629
or

Lenard L. Williams, Senior Financial Analyst, lenard.williams@plazadvisors.com (bottom right photo) PH 813.837.1300 Ext. 102. Fax: 831.2627

http://www.plazadvisors.com/