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Bain Capital, 11North Partners Acquire Southeast Shopping Center Portfolio for $395M
BOSTON AND NEW YORK CITY — A joint venture between Bain Capital and 11North Partners has acquired a portfolio of 10 open-air retail centers in Florida and South Carolina for $395 million. Danny Finkle, Jorge Portela and Kim Flores of JLL represented the seller, PGIM Real Estate. The properties — which are located across the submarkets of Fort Lauderdale, Orlando, Tampa, Palm Beach and Charleston — include Sawgrass Square, Plantation Promenade, M…
Bain, 11North Partners Acquire 9 Florida Retail Centers
Bain Capital and 11North Partners acquired a portfolio of ten open-air retail centers, nine in Florida and one in South Carolina, for approximately $395 million. The private transaction was executed through a partnership between Bain Capital Real Estate and 11North, which is focused on acquiring and operating open-air retail centers throughout the U.S. and Canada. Commercial Edge reports the seller was PGIM Real Estate. This acquisition follows …
Bain Capital, 11North Partners Acquires 10-Property Open-Air Retail Portfolio for $395 Million
Florida and South Carolina — A joint venture between Bain Capital and 11North Partners has acquired a portfolio of 10 open-air retail centers in Florida and South Carolina for $395… The post Bain Capital, 11North Partners Acquires 10-Property Open-Air Retail Portfolio for $395 Million appeared first on Shopping Center Business.
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