SANIBEL BEACH PLACE SHOPPING CENTER TRADES FOR $7M

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FORT MYERS, FLA. — The 74,286-square-foot Sanibel Beach Place shopping center has sold for $7 million in Fort Myers. Global Fund Investments purchased the Publix-anchored retail property from Sanibel Beach Place LLC. Mike Milano and Ron Schultz of Colliers International Tampa Bay represented the seller. Sanibel Beach Place is located at 20321 Summerlin Rd. and was 75 percent occupied at the time of the sale.

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