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#DavidRLukes
tradedmiami · 3 months
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SALE IMAGE: David R. Lukes & Peter Borzak DATE: 06/14/2024 ADDRESS: 801 South University Drive, 7553 West Bell Road, 3740 Easton Market, 7800-7896 Montgomery Road, 1319 Polaris Parkway & 11000 Northeast Evergreen Parkway MARKET: Plantation, Florida; Peoria, Arizona; Columbus & Cincinnati, Ohio; Hillsboro, Oregon ASSET TYPE: Retail BUYER: Peter Borzak - Pine Tree (@PineTree.cre) SELLER: David R. Lukes - SITE Centers Corp SALE PRICE: $495,000,000 SF: 2,476,000 ~ PPSF: $200 NOTE: Pine Tree, in partnership with a state pension fund, acquired six open-air shopping centers from SITE Centers Corp. for $495 million, adding 2,476,000 million square feet to their portfolio. The assets in the portfolio include 430,000-square-foot retail center The Fountains in Plantation, Florida along with other shopping centers in Columbus, Cincinnati, Phoenix, and Portland, and include retail anchors like Kroger, Target, and Dick’s Sporting Goods. #Miami #RealEstate #tradedmia #MIA #Plantation #Florida #Peoria #Arizona #Columbus #Cincinnati #Ohio #Hillsboro #Oregon #Retail #DavidRLukes #SITECentersCorp #PeterBorzak #PineTree
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tradedmiami · 1 month
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SALE IMAGE: David R. Lukes & John P. Albright DATE: 08/21/2024 ADDRESS: 4012-4060 Eastgate Drive & 11201-11255 Causeway Boulevard MARKET: Orlando & Brandon ASSET TYPE: Retail ~ ACRES: 19 BUYER: John P. Albright - CTO Realty Growth (@John.p.Albright) SELLER: David R. Lukes - SITE Centers SALE PRICE: $137,500,000 SF: 202,000 ~ PPSF: $681 NOTE: CTO Realty Growth acquired three open-air shopping centers for $137.5 million, including two in Florida: Millenia Crossing in Orlando and Lake Brandon Village in Tampa. Both properties are nearly fully occupied, with major anchors like Nordstrom Rack and Sprouts. #Miami #RealEstate #tradedmia #MIA #Orlando #Brandon #Retail #DavidRLukes #SITECenters #JohnPAlbright #CTORealtyGrowth
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tradedmiami · 2 months
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SALE IMAGE: David R. Lukes & Chris Reed DATE: 07/31/2024 ADDRESS: 5701-5881 North University Drive MARKET: Tamarac ASSET TYPE: Retail ~ ACRES: 20.2 BUYER: Chris Reed - ShopOne Centers REIT (@ShopOne.Centers) SELLER: David R. Lukes - Site Centers SALE PRICE: $36,400,000 SF: 218,000 ~ PPSF: $167 NOTE: ShopOne Centers REIT acquired the 218,000-square-foot Midway Plaza in Tamarac, FL, for $36.4 million from Site Centers. The retail center, anchored by Publix and including tenants like Ross and Dollar Tree, is ShopOne’s sole South Florida asset among its broader national portfolio. #Miami #RealEstate #tradedmia #MIA #Tamarac #Retail #DavidRLukes #SiteCenters #ChrisReed #ShopOneCentersREIT
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tradedmiami · 8 months
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SALE IMAGE: David R. Lukes & Jacob Khotoveli DATE: 02/07/2024 ADDRESS: 1455 Semoran Boulevard MARKET: Casselberry ASSET TYPE: Retail BUYER: Jacob Khotoveli (@Jacobk305) - JBL Asset Management (@JBLMgmt) SELLER: David R. Lukes - Site Centers SALE PRICE: $40,300,000 SF: 248,683 ~ PPSF: $162 NOTE: JBL Asset Management purchased the Casselberry Commons shopping center in Seminole County for $40.3 million from Site Centers. The 248,683-square-foot center, anchored by Publix and featuring national tenants like Burlington and T.J. Maxx, sits on about 20 acres at the intersection of Semoran Boulevard/State Road 436 and Howell Branch Road. #Miami #RealEstate #tradedmia #MIA #Casselberry #Retail #SiteCenters #JBLAssetManagement #JacobKhotoveli #DavidRLukes
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tradedmiami · 11 months
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SALE IMAGE: David R. Lukes & Randall “Todd” Jones DATE: 11/05/2023 ADDRESS: 11255 Causeway Boulevard & 15001 North Dale Mabry Highway MARKET: Brandon & Tampa ASSET TYPE: Retail BUYER: Publix Super Markets Inc. (@Publix) - Randall “Todd” Jones SELLER: Site Centers - David R. Lukes SALE PRICE: $62,900,000 NOTE: Publix Super Markets Inc. bought two Tampa suburban shopping centers for $38 million and $24.9 million, adding to its real estate holdings. The properties include Lake Brandon Plaza and the Publix-anchored portion of North Pointe Plaza, both previously owned by Site Centers. #Miami #RealEstate #tradedmia #MIA #Brandon #Tampa #Retail #SiteCenters #DavidRLukes #PublixSuperMarketsInc #RandallToddJones
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