The REIT paid Columbia Promenade Associates of suburban Winter Park, FL $7.3 million or about $111.39 per sf for the fully leased asset anchored by a Publix Super Market.
"We're actively pursuing more opportunities" in Florida and Georgia, Steve Sanders of Inland Southeast Acquisitions, tells GlobeSt.com. "We're always looking for more neighborhood and community retail centers."
Sanders and Jonathan Gelman represented Inland. Michael Collard of Michael Collard Properties Inc. in Winter Park, negotiated for the seller.
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