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Ft. Myers Retail Center Picked by Centro
Cushman & Wakefield arranged the sale of Market Square, a community center located in Fort Myers. An affiliate of Nuveen was the seller. The buyer is an affiliate of Centro Corporation, a Florida-based shopping center owner and operator. The center totals 118,583 square feet and was 100% leased at the time of sale.
Market Square tenants include DSW, Total Wine and More and American Signature Furniture. The center is shadowed and anchored by a strong-performing Super Target, along with Barnes & Noble, Michaels, Cost Plus World Market, Petco and Dollar Tree.
Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller.
“The offering attracted strong investor interest given its prime location at Fort Myers’ dominant retail intersection with major centers at each corner and a solid anchor tenant line-up with significant tenure at the property,” said Halpern, Director at Cushman & Wakefield.
- ◦Sale/Acquisition
