RIVERCREST REALTY ADVISORS ACQUIRES SHOPPING CENTER FOR $16.6 MILLION

WILTON MANORS, FLA. — Raleigh-N.C.-based Rivercrest Realty Advisors has acquired the Shoppes of Wilton Manors, a 73,196-square-foot center in Wilton Manors, from an affiliate of Ft. Lauderdale, Fla.-based Stiles Corp. for $16.6 million. The shopping center is located at the intersection of Wilton Dr. and NE Sixth Ave. Dennis Carson, Nikolas Kozy and Andrea Stava of CB Richard Ellis’ Miami office represented both the buyer and seller.