Mar
30
Aztec Group Seals $52M Deal for Riverbend Marketplace in Ft. Lauderdale
ByAztec Group finalizes two transactions for a Walmart-anchored shopping center in Miami MSA.
Managing Director Jason Shapiro (left), Managing Director Jim Fried (center), Director Sean Harrington (right)
Miami—Aztec Group Inc., a Florida real estate investment and merchant banking firm, announced that the company represented an affiliate of Gatlin Development Company in closing two transactions valued at $52 million within Riverbend Marketplace, a 37-acre, Walmart-anchored shopping center under construction in Fort Lauderdale.Marcus & Millichap and City National Bank also participated in the deals.
In the first transaction, Aztec Group Managing Directors Jason Shapiro and Jim Fried, Director Sean Harrington and Marcus & Millichap served as co-brokers for the $26 million sale of the brand-new 189,000-square-foot Walmart Supercenter, the centerpiece and anchor of Riverbend Marketplace, which opened this January. The property is located at the western entrance to Fort Lauderdale on the southwest corner of West Broward Boulevard and Southwest 24th Avenue, one block west of Interstate 95…
Aztec Group Seals $52M Deal for Riverbend Marketplace in Ft. Lauderdale
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