TAMPA, FL-HFF just announced three closings on retail properties in two Florida markets. Century Town Center in Vero Beach, Shoppes of Apollo Beach in Tampa, and St. Charles Plaza in Haines City have all traded for more than $10 million.

The HFF team representing the seller included managing directors Danny Finkle and Brad Peterson and director Luis Castillo. Thomas Falatko, vice president of acquisitions, represented Cole in the Century Town Center deal.

“Demand from private and institutional investors for high quality retail centers in strong growth markets, as well as the availability and depth of financing alternatives, is driving the uptick in sales,” Castillo tells GlobeSt.com. “The increased transaction volume is partially the result of the investor demand and strong pricing for core retail properties. Lenders and special servicers are also bringing more properties to market and there is a tremendous amount of capital pursuing these opportunities.”