The Ramblewood Square Shopping Center, located at 1201-1327 North University Drive in Coral Springs, with an asset type of Retail spanning across 15.1 acres, was recently involved in a significant transaction. The property was sold for $58.5 million, with a total square footage of 157,914 and a price per square foot of $370.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $58,500,000
• Address: 1201-1327 North University Drive
• Market: Coral Springs
• Buyer: Todd Jones - Publix Super Markets
• Seller: Marc Rowan - Apollo Global Management

Publix Super Markets, represented by Todd Jones, acquired the Ramblewood Square Shopping Center from Marc Rowan of Apollo Global Management. The purchase was made through Real Sub LLC, a subsidiary of Publix, from AGRE Ramblewood Owner LLC, an affiliate of Apollo Global Management. The shopping center, which includes tenants such as Men’s Warehouse, Aspen Dental, Ross Dress for Less, T-Mobile, Five Below, the UPS Store, and Wings Plus, had last changed hands in 2019 for $21 million, indicating a substantial increase in value with the recent transaction.