CBRE CLOSES SEVEN PROPERTIES FOR EQUITY ONE

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MIAMI — Richard Tarquinio and Bill Kent of CB Richard Ellis (CBRE) have closed seven properties for Equity One totaling $39.8 million. A six-property retail investment portfolio, which encompasses 541,518 square feet and includes properties located in Florida, Alabama, North Carolina, South Carolina and Tennessee, was purchased by Waterstone Development. The seventh property, located in North Carolina, was purchased by Blue Ridge Piedmont. Among the anchors for the individual sites are grocery store chains Kroger, Bi-Lo and Winn-Dixie, as well as national credit tenants such as CVS/pharmacy, Big Lots, Aarons Rents and Bealls.

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