Southdale Shopping Center Trades for $12M

WEST PALM BEACH, FL-Southdale CRP LLC, an affiliate of Palm Beach Gardens-based Ram Development Company, has sold the Southdale Shopping Center to BT Palm Beach LLC, an affiliate of Horsham, PA-based BET Investments, for $12 million.

By GlobeSt News Hub | October 11, 2010 at 01:01 AM

WEST PALM BEACH, FL-Southdale CRP LLC, an affiliate of Palm Beach Gardens-based Ram Development Company, has sold the Southdale Shopping Center to BT Palm Beach LLC, an affiliate of Horsham, PA-based BET Investments, for $12 million. The sale was announced by Southeast Capital Markets Group of Cushman & Wakefield.

The 87,566-square-foot shopping center is situated at the crossway of Parker Avenue and Southern Boulevard. Mark Gilbert, Adam Feinstein and Eric Williams of Cushman & Wakefield handled the sale. For the full story, go to Florida Real Estate Journal.

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