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This was one of the few core-quality shopping centers of size to hit the market in this cycle.
“Select speculative office construction is occurring in several submarkets…”
Carroll and Goldman Sachs sold the asset for $47.7 million.
Here's a look at the trends, announcements and deals you may have missed this week in Florida.
But does it match the big box era?
MIAMI—“It is the right project in the right market in an industry segment we love.”
ORLANDO—Could this change the face of retail and office parks?
ORLANDO—“The hope was these initial sparks would turn into a fire, and that's what we're experiencing now.”
ORLANDO—“We are seeing an evolution in consumer and corporate preferences toward more urban-compact mixed-use projects that have great amenities.”