The 154,000-sf Catalina Centre retail property is anchored by Best Buy, Marshalls and Rag Shop, as well as national restaurants such as Macaroni Grill and Boston Market. The one-story property is approximately 98% occupied.

The property is a "very well-located, high-sales volume center [with a] good mix of national, regional and local tenants and high occupancy levels," Gary Broidis, principal and broker with Boca Raton-based Atlantic Commercial Group Inc., tells GlobeSt.com. Broidis represented the buyers in the recent transaction.

"This property continues to be an above-market performer with regard to sales history of the tenants operating there and occupancy levels maintained over the years," he states, adding the center, located on Congress Avenue, is planned to be a long-term hold for the buyers.