The retail center is at the southwest corner of University Driveand Commercial Boulevard in Broward County, 35 miles north ofDowntown Miami. The Rotella Toroyan Clinton Group of FortLauderdale handled the buyout, as well as a second buyouttransaction for Shells Casual Seafood Restaurants in Jacksonville,FL.

|

Shells purchased a 10-year lease with an inception value of$443,000 and a total value of $652,560 from Cenpo Ltd. ofJacksonville. The lease began in June 1996. The 5,438 sf is atMerchant's Walk, a 53,246-sf strip center on San JoseBoulevard.

|

Rotella Toroyan Clinton Group is a member of RealSource, abroker networking organization in the Southeast andMid-Atlantic.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.