The sale involved Magnolia Shoppes, a shopping center located at 9645 Westview Dr, Pompano Beach, Florida. The property was sold for $23,200,000.00 and has a total square footage of 114,118. It is situated in the Coral Springs market and was fully leased at the time of the transaction.

Summary of transaction details:

• Property Type: Shopping Center
• Transaction Amount: $23,200,000.00
• Address: 9645 Westview Dr, Pompano Beach, FL
• Market: Coral Springs
• Buyer: Private Investor
• Seller: Regency Centers
• Buyer's Representative: Bryan Belk - Franklin Street
• Seller's Representative: Casey Rosen - CBRE
• SF: 114118
• Loan Amount: $15,500,000.00

Bryan Belk and John Tennant of Franklin Street represented the buyer, a private investor based in Lexington, Kentucky. The seller, Regency Centers, was represented by Casey Rosen and Dennis Carson of CBRE. Additionally, Franklin Street facilitated a $15.5 million acquisition loan for the buyer through Citibank.