GROVELAND, FL-A Miami-based private equity group has acquired Eagle Ridge Shoppes, a shopping center measuring 65,751 square feet in Groveland, from Tampa-based Groveland Associates LLC for $9.1 million. The shopping center is situated on the northeast corner of County Road 565A and State Road 50.
The center, which traded for $138 per square foot, sits on a 10.9-acres site and is 90% occupied. Marcus & Millichap negotiated the deal on behalf of both the buyer and the seller. For the full story, go to Orlando Business Journal .
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