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CORE Investment Acquires Jacksonville Retail Center for $23M
CORE Investment Management has acquired The Shoppes at Southside, a 112,613-square-foot retail center in Jacksonville’s Southside submarket for $23.3 million. Brad Peterson, Whitaker Leonhardt and Michael Brewster of JLL represented the seller, Brixmor Property Group, in the transaction.
The center is currently fully-leased and anchored by Best Buy and Urban Air Trampoline and Adventure Park. Additional tenants include David’s Bridal, Cold Stone Creamery, Deerwood Jewelers and Moe’s Southwest Grill as well as Starbucks, Chick-fil-A and Aspen Dental. The 13-acre property is located at 9930-9990 Southside Blvd.
“Brixmor strategically backfilled the former Sports Authority space into one of the hottest new family entertainment concepts in Urban Air Trampoline and Adventure Park on a long-term lease, setting up an ideal investment opportunity for CORE to acquire their second Jacksonville-area shopping center,” said Leonhardt.
For comments, questions or concerns, please contact David Cohen
- ◦Sale/Acquisition
