MIAMI—Kimco remains active on the retail acquisition-disposition front. The latest sale is in the Fort Lauderdale suburb of Margate, FL.
Kimco just sold Peppertree Plaza, a 264,037-square-foot retail center here. HFF senior managing director Daniel Finkle and managing director Luis Castillo lead the team representing the seller.
“Peppertree Plaza's proven tenancy, in-fill location and strong demographics made this a highly-desirable grocery-anchored retail center,” Finkle tells GlobeSt.com. Peppertree Plaza is 86.7% leased to tenants like Winn-Dixie, Sam Ash Music, Office Depot, Golden Corral and Dollar Tree.
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