Jamestown Acquires Tamarac Retail Center From Regency Centers For $22.5M

The retail property located at 8129-8315 North Pine Island Road in Tamarac was sold for $22,500,000. The asset, a 124,000-square-foot complex, was acquired by Michael Phillips of Jamestown from Lisa Palmer of Regency Centers. The property is a retail center with tenants such as Dollar Tree, Goodwill, and various medical services.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $22,500,000
• Address: 8129-8315 North Pine Island Road
• Market: Tamarac
• Square Footage: 124,000
• Buyer: Michael Phillips - Jamestown
• Seller: Lisa Palmer - Regency Centers

Danny Finkle, Eric Williams, Jorge Portela, and Kim Flores of JLL served as the brokers in the transaction. This acquisition marks Jamestown's fifth Publix-anchored center in South Florida, expanding their portfolio of grocery-anchored retail centers in the region and beyond.