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Friday, April 22, 2011

The NNN Property Northwood Plaza Sold In Florida


Tampa Bay, Florida - Net Lease Properties news for the day comes from a fantastic, relaxing area, the Tampa Bay - St. Petersburg area. This Tampa Bay area for NNN Investment Properties is home to award winning beaches, fine hotels and restaurants. The Tampa Bay, St. Petersburg, Clearwater area has options for net lease properties for your next 1031 Exchange. A Net Lease Property with a Publix anchor sold in Clearwater, Florida. This Clearwater Net Lease Property is called Northwood Plaza.

The sales price for this Publix anchored retail shopping center has not been disclosed as of yet. We will do further research and seek the acquisition price of this triple net leased property. This Florida net lease property is located at 2508-2554 McMullen Booth Road, in Clearwater, with the 33761 zip code. The position of this Florida Net Lease Property is at the North West Corner of McMullen Booth Road and Enterprise Road, in Clearwater. This Florida net leased property is situated in Pinellas County. This is area has a high traffic count to help this Triple Net Lease Property excel.

This Publix anchored retail shopping center was approximately 90% net leased at the time the NNN Property transferred to the new Owner. AEW Capital Management purchased this Florida Net Lease Property. This Florida Net Lease Property has many prime Tenants and had a recent new net lease signed. Commercial Real Estate Brokers signed Postal-Annex to a net lease of approximately 1,511 square feet. We are not privy to the Net Lease Funding for this Florida NNN Property.

Many of our NNN Commercial Real Estate investors are seeking Publix-anchored net leased properties. Also institutional investment groups, (real estate investment trust) REIT's, private equity investors and foreign commercial real estate investors wanted this NNN Property.

The NNN Lease Investment is approximately 202,112 square feet. The major net leased property tenants are Publix, Stein Mart, Talbots, Anthony’s Coal Fired Pizza and Starbucks for your coffee needs. Another net leased property tenant is CVS pharmacy, another favorite of our NNN Commercial Real Estate investors. This Florida Net Lease Investment had construction completed in 1980. Northwood Plaza, LLC was the seller of this Florida Net Leased Property. Northwood Plaza, LLC were in position to select an excellent offer as this NNN Property is considered to be one of the premier Publix-anchored properties on the Florida West Coast.

The Net Lease Property Buyer, AEW Capital Management, L.P. was founded in 1981, a year after this Publix-anchored retail shopping center was built. AEW Capital Management, L.P. provides (CRE) commercial real estate investment management services to investors across the globe. Currently, AEW Capital Management, L.P., AEW Europe and AEW Asia manage more than $44.5 billion of commercial real estate investments and securities. As of December 2010, AEW Companies manage these properties on behalf of many of the world's leading institutional investors and private investors.

AEW Capital Management, L.P. also manages investment property portfolios in both the public and private property markets and across the risk - return spectrum. AEW Capital Management, L.P. focuses on research and are experienced in the complexities of the commercial real estate market and capital markets. The Triple Net Lease Property Buyer has built a reputation by offering innovative solutions to their clients' needs. AEW Capital Management, L.P. strives to add value to their investment property portfolios, and meeting or exceeding their expectations for service and performance.

The Triple Net Lease Property Buyer, AEW, is headquartered in Boston. They also have commercial real estate offices in Los Angeles, London, Singapore and Hong Kong, as well as affiliate offices in Paris and nine other European cities. AEW, their Asia affiliate and European affiliate, AEW Europe, strive to create a global commercial real estate investment management platform to continue to grow.

This Florida NNN Lease Property allows customers get their morning coffee, eat breakfast, do some shopping, and buy groceries at net leased Publix. Then customers can have lunch, be pampered with a massage, manicure, get a haircut, visit the Doctor, and pick up their prescription at the CVS Pharmacy.

Northwood Plaza NNN Property Tenants:

Allstate Net Leased Property Tenants
Anthony’s Coal Fired Pizza Net Leased Property Tenants
Any Lab Test Now Net Leased Property Tenants
Anytime Fitness Net Leased Property Tenants
Brooks Rehabilitation Net Leased Property Tenants
Buy Best Beauty Net Leased Property Tenants
China Taste Net Leased Property Tenants
CVS Pharmacy Net Leased Property Tenants
Deb’s Hallmark Net Leased Property Tenants
Famous Greek Salads Net Leased Property Tenants
Fashion Cleaners Net Leased Property Tenants
First Bank Net Leased Property Tenants
HomeBanc Net Leased Property Tenants
Garden Shed Net Leased Property Tenants
GNC Net Leased Property Tenants
Island Comfort Footwear Net Leased Property Tenants
Kelly Nails Net Leased Property Tenants
La Posh Salon Net Leased Property Tenants
Louis Pappas Market Café Net Leased Property Tenants
Massage Envy Net Leased Property Tenants
Metro PCS Net Leased Property Tenants
Moda Milano Hair Salon Net Leased Property Tenants
Northwood Vision Net Leased Property Tenants
Patchington Net Leased Property Tenants
Pickles Plus Net Leased Property Tenants
Pinch A Penny Net Leased Property Tenants
Publix Net Leased Property Tenants
Red Bamboo Medi Spa Net Leased Property Tenants
Rita’s Ice Custard Happiness Net Leased Property Tenants
Salon Lofts Net Leased Property Tenants
Scottrade Net Leased Property Tenants
Starbucks Net Leased Property Tenants
Stat Med Net Leased Property Tenants
Stein Mart Net Leased Property Tenants
Talbots Net Leased Property Tenants
Tuscano Net Leased Property Tenants
Marco’s Pizza Net Leased Property Tenants
Weight Watchers Net Leased Property Tenants

We specialize in providing Triple Net Lease Properties to investors who are involved in a 1031 exchange or a sale-leaseback transaction.

If you are ready to purchase Commercial Real Estate or a Triple Net Leased Property, you can apply for Commercial Loans at a suggested Broker.



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