FLORIDA RETAIL CENTER SOLD FOR $17.75 MILLION

LAND O’ LAKES, FLA. — An affiliate of Fort Lauderdale, Fla.-based Stiles Corp. has purchased the 80,000-square-foot Arbor Square at Connerton from an affiliate of Tatone Properties for $17.75 million. The retail center, located on U.S. Highway 41 in Land O’ Lakes, is anchored by a 45,600-square-foot Publix and houses SunTrust Bank. Mark Shellabarger and Dennis Carson of the Tampa, Fla., and Miami offices of CB Richard Ellis, respectively, represented the seller.