Grocery-anchored center trades hands in Fort Myers
United States, May 19 -- JLL?Capital Markets announced that it has arranged the sale of Grand Bay Plaza, a 77,810-square-foot, Publix-anchored shopping center in Fort Myers, Florida.JLL represented the seller, a Miami-based joint venture between Lombardi Properties and Fox Farm Capital. Wilder, a Boston-based real estate development, management, and leasing firm specializing in retail and mixed-use developments along the Eastern Seaboard, orchestrated the acquisition on behalf of a private investment client and will assume responsibility for the leasing and management of the center. This transaction is part of its strategic portfolio expansion in Florida.Grand Bay Plaza is situated on 17.3 acres at 19100 S Tamiami Tr., along the heavily tra...
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