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WEST MELBOURNE, FL—Garrison Investment Group just snapped up a 144,000-square-foot retail center in West Melbourne. Garrison acquired the Shoppes of West Melbourne from Kimco Realty Corporation. Financial terms of the retail deal were not disclosed. “At about 93% leased, Shoppes of West Melbourne is a valuable investment that supports our overall strategy to grow our 4.5 million-square-foot portfolio in key markets across the U.S.,” Mitch Salmon, senior vice president of Garrison Investment Group, said in a statement. “We feel there is tremendous opportunity for well-designed and located product in Florida and look forward to growing our footprint in the region.”

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