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InvenTrust Properties Corp. has acquired Southern Palm Crossing which is a 346,200 square foot Costco anchored shopping center in Royal Palm Beach, Florida, for a record-breaking $97 million. Christopher Covey, senior vice president of transactions for the Downers Grove, Ill.-based REIT, said, “These purchases will give the company additional operational economies of scale in the …
Continue reading “Southeast Florida Retail Center Sale Sets Record”
InvenTrust Properties has bougth Lakeside Winter Park and Lakeside Crossing in Winter Park, Florida. The company paid $63.5 million for the two assets. Unicorp National Development completed Lakeside and Lakeside Crossing in 2014 and 2016, respectively. Both national and regional tenants are represented at the properties, including one of only two Trader Joe’s in metropolitan …
Continue reading “InvenTrust acquires 2 Orlando retail centers”
