MONUMENT POINTE SHOPPING CENTER SELLS FOR $6 MILLION

by admin

JACKSONVILLE, FLA. — The Jacksonville office of Cushman & Wakefield has arranged the sale of Monument Pointe Shopping Center, a 76,628-square-foot shopping center located at 1531 Monument Rd. in Jacksonville, for $6 million. The center is anchored by Winn-Dixie and CVS/pharmacy, and was 95 percent occupied at the time of closing. Karl Johnson of Cushman & Wakefield represented the seller, Miami-based Equity One. The property was acquired by Hallandale, Fla.-based Isram Realty & Management.

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