The sprawling Southern Palm Crossings shopping mall in Royal Palm Beach. Courtesy photo
InvenTrust Properties buys the 50-acre shopping center in the biggest retail deal statewide in more than two years.
July 17, 2019 at 02:10 PM
1 minute read
South Florida real estate reporter
A real estate investment trust with a retail focus bought a sprawling Royal Palm Beach shopping plaza for $96.75 million in Florida’s biggest retail deal in more than two years.
InvenTrust Properties Corp. through an affiliate bought the 346,200-square-foot Southern Palm Crossing mall on the north side of Southern Boulevard from an affiliate of ShopCore Properties, a Chicago-based retail owner-operator affiliated with the Blackstone Group LP.
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