(For more retail coverage, click GlobeSt.com/RETAIL.)

TITUSVILLE, Fl-A 12-acre Target retail development site atCrossroads Marketplace on State Road 405 has been sold for $4.9million.

The Colliers Arnold Commercial Real Estate Services Inc. team ofsenior vice president Susan Morris, associate Kane Morris-Websterand associate Jill Rose represented the seller in the transaction,Indianapolis-based Duke Realty Corp. Minneapolis-based Target Corp.purchased the property, where the company plans to build a 126,842sf-store. "When Target goes into a center, they usually buy theirown pad," Rose tells GlobeSt.com.

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