CANADIAN REIT BUYS AMELIA ISLAND SHOPPING CENTER FOR $20.9 MILLION

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YULEE, FLA. — Canadian real estate investment trust H&R REIT has purchased a 175,000-square-foot shopping center located on northeast Florida’s Amelia Island for $20.9 million. The Village of Amelia is situated on State Road 200 in Yulee. Its anchors include Publix, Kohl’s, TJ Maxx, Ross Dress for Less and JoAnn Fabrics. The CB Richard Ellis team of Donald Jennewein, Michael Strober and Amanda Valenti represented H&R as well as the undisclosed seller in the deal.

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