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Friday, May 15, 2009

Lakeland's Palm Center is sold

TAMPA - RMC Property Group announced the sale of Palm Center, a 132,000sf retail shopping center anchored by Beall’s Department Store, Beall’s Outlet and Tuesday Morning.
Odyssey (IX) Commercial DP IV LLC acquired the property, at the northwest corner of Highlands Drive and South Florida Avenue in Lakeland.
The seller, Lakepalm Shopping Center LTD, is an affiliate of RMC and was represented by RMC Property Group. Century Retail represented the buyer.
This would be the ideal property if it sat on a "Signalized Corner".

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