THE SHOPPING CENTER GROUP BROKERS $8.6M SALE OF SALERNO VILLAGE SQUARE

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STUART, FLA. — The Shopping Center Group has brokered the sale of Salerno Village Square, a 77,677-square-foot shopping center anchored by Winn Dixie in Stuart, a city in South Florida. Toronto-based Slate Properties purchased the property for approximately $8.6 million. Anthony Blanco of The Shopping Center Group represented the seller, Equity One Inc., a publicly traded REIT. The shopping center, which also includes a CVS/pharmacy, was 85 percent leased at the time of the sale.

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