TAMPA, FL—Shopping centers are selling left and right in Central Florida—and The Shopping Center Group (TSCG) just sold three in a row. The transactions total over $30 million, bringing the firm's 2014 volume to $45 million with another $80 million in the pipeline.

All three sales closed in July. Orange Blossom Center in south Orlando sold for $16.25 million. Century Plaza in east Orlando traded for $10.3 million. Merchant Square in Zephyrhills, FL sold for $4.1 million.

“We continue to see a flurry of investment capital from private and institutional groups that are focused on retail centers throughout the Southeast,” says Anthony Blanco, director of investment sales at TSCG. “Continued improvements in the housing and employment sectors are enhancing occupancy rates and tenants sales leading to a steady appetite for retail properties. The offering of these centers demonstrated that there is a multitude of buyers for well-situated retail properties with sustainable cash flow streams and limited downside risk.”