Net Lease Property News

Triple Net Lease Properties Big News for the day is about General Growth Properties. They are one of the largest mall property managers in the U.S.A. and the current owner of the beautiful "Mizner Park" in Boca Raton. General Growth Properties is planning to launch an initial public offering (IPO) on the New York Stock Exchange Friday, according to the Associated Press. Past news was that General Growth Properties had filed for bankruptcy protection last April. Probably the largest real estate bankruptcy case ever recorded in the U.S.
Net Lease Properties was told Simon Property Group offered to buy the company outright in February for estimate of $10 billion. However that deal was turned down.
News from:
Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

Dizengoff purchases Florida Commercial Real Estate

The Dizengoff-Trading Group, which is an Israeli trading and real estate development company, has purchased Colonial Promenade Winter Haven, a open-air shopping center.
The Florida Commercial Real Estate is located at 303-399 Cypress Gardens Blvd. in Winter Haven. The purchase price was reported at $20.75 million.

This Strip Center has a Super Wal-Mart with a long term lease. Wal-Mart is a creditworthy anchor and creates high traffic for other tenants in the center, especially in this busy part of town. Additional national-brand tenants include Dollar General, Citi Financial, CiCi’s Pizza and Verizon Wireless.
Super Wal-Mart and Dollar General are highly desired for Net Lease Property Investments.

Dizengoff Group began its real estate activities in 1986 and has since earned a place amongst Israel’s leading real estate developers.
This Israeli real estate firm expanded to Boca Raton, in South Florida.

SIKON builds a new TooJay’s Deli in Plantation

PLANTATION, FLorida - A new TooJay’s Gourmet Deli was completed for by SIKON Construction.
This Florida Commercial Real Estate is located at The Fountains, at 801 S. University Drive in Plantation.
This is a 415,000sf shopping plaza with anchors by Marshall’s and Kohl’s.
Estimated at a cost of $1.2 million, for this 6,311 sf TooJay’s Gourmet Deli.
The project was designed by CPH Engineers Inc., of Sanford, Florida.
Kohl's are a Triple Net Lease Property is check out. We can assist you with some excellent Financing, possibly a Non Recourse Loan.

Commercial Real Estate
11420 U.S. Highway 1
North Palm Beach, FL 33408
(561) 707-7712‎

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