SOLD
Jamestown Acquires Tamarac Retail Center From Regency Centers For $22.5M
8129 North Pine Island Road
Retail
124,000 SF
124,000 SF
Sold 24 days ago
Summary
Sale
FLORIDA
Retail
124,000 sqft
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.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: 04/10/2024
ADDRESS: 8129-8315 North Pine Island Road
MARKET: Tamarac
ASSET TYPE: Retail
BUYER: Michael Phillips - Jamestown
SELLER: Lisa Palmer - Regency Centers
BROKERS: Danny Finkle, Eric Williams, Jorge Portela & Kim Flores - JLL
SALE PRICE: $22,500,000
SF: 124,000 ~ PPSF: $181
NOTE: Jamestown acquired the Tamarac Town Square shopping center in South Florida for $22.5 million, marking its fifth Publix-anchored center in the region. The 124,000-square-foot retail complex, previously owned by Regency Centers, boasts a variety of tenants including Dollar Tree, Goodwill, and medical services, adding to Jamestown's portfolio of grocery-anchored retail centers in South Florida and beyond.View on map
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Address8129 North Pine Island Road
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