CBRE ARRANGES $11.1M SALE OF WALMART-ANCHORED SHOPPING CENTER

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CORAL SPRINGS, FLA. — CBRE has brokered the sale of North Hills Square, a 63,829-square-foot shopping center at 4650 University Drive in Coral Springs. A 52,024-square-foot Walmart Neighborhood Market anchors the asset, which sold for approximately $11.1 million. The property was 98 percent leased at the time of sale to tenants including Manhattan Bagel, Little Caesars and Wendy’s. Inland Income Real Estate Trust purchased the property from an affiliate of the Dizengoff Group. Casey Rosen and Dennis Carson of CBRE co-represented the seller with Avison Young.

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