PLAZA ADVISORS COMPLETE $26.6 MILLION SALE OF JACKSONVILLE SHOPPING CENTERS

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JACKSONVILLE, FLA. — Tampa-based Plaza Advisors’ Jim Michalak negotiated the $26.6 million sale of the contiguous Point Meadows and West Point Meadows Shopping Centers to Konover South from Point Meadows, Inc. The 130,000-square-foot shopping center is located at the intersection of Interstate 295 and Baymeadows Road. Tenants include Steinmart, Winn Dixie, Household Finance, Jenny Craig, and Carvel Ice Cream; outparcel tenants include Walgreens, Bank of America and Wendy’s.

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