SMD Brokers $5.1 Million Shopping Center Sale

Jun 16, 2014 No Comments by

Boca Raton-based Southern Management and Development, L.P.  (SMD) has brokered the $5.1 million sale of 114,000-square-foot Hardee County Centre, a neighborhood shopping center located on U.S. Highway 17 South in the Central Florida city of Wauchula.

SMD President Steven Levin announced the sale, noting that the retail center is 90 percent leased to a tenant roster that includes Winn Dixie, Bealls, Tractor Supply and Dollar Tree.  SMD represented the seller in the sale to a group of individual investors from Canada.

Built in the 1980s, the shopping center is located about 40 miles south of Lakeland and was extensively renovated in 2006.

 

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Industry News, NA, Retail
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