Mike Sales Of Nuveen Real Estate Acquires Crossings At Viera Shopping Center From SJC Ventures For $46M

The retail property located at 2055 Viera Boulevard in Rockledge, Florida, consists of 190,000 square feet and was sold for $46 million, translating to a price per square foot of $242. This recently delivered asset is anchored by Whole Foods Market and also includes other tenants such as Miller’s Ale House, while separate parcels are occupied by Panda Express and Home Depot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $46,000,000
• Buyer: Mike Sales - Nuveen Real Estate
• Seller: SJC Ventures
• Square Footage: 190,000
• Price Per Square Foot: $242
• Market: Rockledge

The buyer, Mike Sales, represents Nuveen Real Estate in this transaction, acquiring the property from SJC Ventures. The acquisition expands Nuveen Real Estate's portfolio in the retail sector within the region.