JACKSONVILLE, FL—Oak Hill Village Shopping Center, a 78,492-square-foot, Publix-anchored neighborhood shopping center in Jacksonville, FL, has traded hands. The retail property sold for $7.35 million.

Karl Johnston, senior director, Mark Gilbert, executive vice president, and Adam Feinstein, executive director, of Cushman & Wakefield's Capital Markets Group represented the seller Equity One. Slate Properties, a Canadian investment fund based in Toronto, scooped up the retail property.

"Oak Hill Village is a classic dominant, grocery-anchored neighborhood center which continues to be a preferred investment type for both private and institutional investors," says Johnston. "These centers continue to be in strong demand within the investment community and offer long-term stability to investors."