PALM BAY AND JACKSONVILLE, FLA. — Affiliates of Greensboro, N.C.-based Bell Partners have completed the dispositions of two retail properties in Florida. In the first transaction, an affiliate of Palm Beach Gardens, Fla.-based Brock Development acquired Bayside Lakes, a 44,270-square-foot, Publix-anchored retail center located at 3450 SE Bayside Lake Blvd. in Palm Bay. Additionally, a fund advised by Palm Beach Gardens-based North American Development Group purchased Riverside Market Square, a retail center anchored by a 27,888-square-foot Publix. The property is located at 2033 Riverside Ave. in Jacksonville. CB Richard Ellis’ National Retail Investment Group – Florida Investment Team represented the sellers in the transactions. Terms of the sales were not released.
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