COCONUT CREEK, FLA. — JLL Capital Markets has arranged the sale of Promenade at Coconut Creek, a 296,419-square-foot lifestyle center located at 4467 Lyons Road in Coconut Creek, a city in South Florida’s Broward County. Danny Finkle, Jorge Portela and Kim Flores of JLL represented the seller, AEW, in the transaction. The buyer, Investments Limited, acquired the property for an undisclosed price.
Situated on nearly 23 acres, Promenade at Coconut Creek includes nearly 250,000 square feet of retail space and about 47,000 square feet of office space. Built in 2008, the property was 76.6 percent leased at the time of sale to more than 40 retail tenants such as Silverspot Cinema, DSW, Guitar Center, The Cheesecake Factory, Sephora, Cooper’s Hawk Winery & Restaurants, LoveSac and Warby Parker. Minto Communities anchors the office component of Promenade at Coconut Creek, which also features two structured parking garages and 1,457 parking spaces.