MILBROOK PROPERTIES ACQUIRES 210,000-SQUARE-FOOT SHOPPING CENTER

by admin

HOLLYWOOD, FLA. — Manhasset, N.Y.-based Milbrook Properties has acquired a 210,864 square foot shopping center, located on Taft Street in Hollywood, from an undisclosed seller for $26.5 million. The center, which is anchored by Publix, Walgreens and Bealls, is 95 percent occupied by tenants including Dunkin Donuts and Rent-A-Center. Adam Feinstein of Cushman & Wakefield’s Miami office brokered the transaction, and financing for the 10–31 exchanged was arranged by Paul Greenbaum of GCP Capital with New York Community Bank.

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