MIAMI—Grocery-anchored shopping centers are in high demand across Florida, with the demand outstripping the supply. Against that backdrop, a portfolio of two Winn-Dixie shopping centers just traded for a premium.
HFF represented Mount Kellett Capital Management and Morning Calm Management, on the retail disposition. The properties, Promenades in Port Charlotte, FL and Highlands Plaza in Lakeland, FL span 333,276 square feet are 87.3% occupied.
“We continue to see significantly more capital flowing into secondary markets and great interest from investors for strong retail assets like Promenades and Highlands,” Luis Castillo, HFF managing director, tells GlobeSt.com. He closed the sale with senior managing director Daniel Finkle and associate director Nat Scarmazzi.
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