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TSCG Arranges $12M Sale of Grocery-Anchored Retail Center in Deltona
The Shopping Center Group (TSCG) has arranged the $11.5 million sale of Deltona Commons, a grocery-anchored retail center in Deltona, FL.
Anchored by Publix supermarket, the center was built in 2007 and totals 48,663 square feet. At the time of sale, the center was fully leased. More than 80% of the gross leasable area is leased to Publix and the center was sold without any existing financing.
Anthony Blanco and Mallory Silva of TSCG represented an affiliate of Global Fund Investments in the sale to an affiliate of the Miller Family Trust, a private real estate equity firm from Miami.
- ◦Sale/Acquisition

