119,172-SQUARE-FOOT SHOPPING CENTER SELLS FOR $6.17 MILLION

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CENTER POINT, ALA. — Bruno’s Centre, a 119,172-square-foot shopping center in Center Point has been sold for $6.17 million. In-Rel Management, a Florida-based private investor, acquired the property from Center Point Associates. The property, located at 1671-1691 Center Point Pkwy., is 89 percent leased and tenants include Bruno’s Supermarket, Dollar General, H&R Block, Wells Fargo Financial and Sally Beauty Supply. Mark Shellabarger and Matthew Baldwin of CB Richard Ellis’ Tampa office, and Craig Taylor of CB Richard Ellis’ Atlanta office represented the seller. Dan Anderson and Stephen Butler of Birmingham, Ala.-based Engel Realty served as local market advisors.

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