Southeast

ST. PETERSBURG, FLA. — CBRE has arranged the $2.9 million sale of the 67,050-square-foot Town Plaza, a shopping center located at 1846 62nd Ave. N. in St. Petersburg. Mark Shellabarger of CBRE's Tampa, Fla., office represented the undisclosed seller in the transaction. The buyer, a locally-based private investor, plans to renovate the center.

POMPANO BEACH AND LANTANA, FLA. — Stiles Realty has arranged the sale of two former City Furniture stores in two separate transactions. In Pompano Beach, Spring Holding purchased the 58,811-square-foot showroom, located at 1001 W. McNab Rd., for $3.52 million. CBRE represented the buyer. In Lantana, Lantana Holdings bought the 44,000-square-foot store, located at 1330 W. Lantana Rd., for $3.3 million. Stiles Realty represented Advanced Business Associates, the seller, in both transactions.

SCOTTSBORO, ALA. — Cassidy Turley has brokered the $2.86 million sale of the 60,000-square-foot County Park Plaza, located at 1402 County Park Rd. in Scottsboro. Aaron's Sales & Leasing and Food World anchor the center, which is currently 95 percent leased. Drew Fleming and Mark Joines of Cassidy Turley's Atlanta office represented RCG Ventures, the seller, in the transaction. The buyer was an Atlanta-based private equity group.

CARROLLWOOD, FLA. — Weingarten Realty Services has purchased a 6.33-acre property, located on Northdale Boulevard in Carrollwood, for $2.75 million to build a 37,144-square-foot Whole Foods. Jeff Tolrud of Colliers International's Tampa Bay, Fla., office represented Northdale Associates, the seller, in the transaction. Weingarten will clear the former JC Penney Credit Processing building currently occupying the site. Whole Foods is expected to open in late 2012.