Grocery-anchored center sold for $28 million

The Winn-Dixie-anchored Palm Aire Marketplace and four out-parcels in Pompano Beach sold for $28.25 million. NG Palm Aire Marketplace, an affiliate of New York-based Nightingale Properties led by Elie Schwartz, sold the property at the southwest corner of South Powerline Road/Pompano Parkway and West Atlantic Boulevard to Pompano Realty USA, an affiliate of Miami-based G…

The National Retail Market Report is live!

Remember when the Internet’s biggest proponents began to make bold assertions that brick-and-mortar stores and print magazines would become a thing of the past? In 2016, we beg to differ. In fact, with the International Council of Shopping Centers’ annual RECon convention expected to bring 36,000 attendees to Las Vegas in the next few weeks,…

Panther Coffee building in MiMo sells for $6.7M

Exterior of 6405 Biscayne Boulevard (Credit: Sean Stewart-Muniz) MiMo developer Alex Karakhanian sold a new retail building, MiMo Place – the future home to Panther Coffee, the Home Design Center of Florida and ‘O Munaciello Pizzeria – for $6.7 million to Key Biscayne investors in an off-market deal.  Trifecta MiMo Place LLC, an entity that lists…