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Last Updated ( Friday, 10 May 2013 14:05 )
DATE_FORMAT_LC2=Friday,May 10 2013 12:00:00 am EDT   
Joint Venture Acquires Shops at Pembroke Gardens for $188 Million

PembrokePembroke Pines, Fla. — A joint venture between Jeffrey A. Anderson Real Estate Inc. and an institutional investor has acquired The Shops at Pembroke Gardens for $188 million. The 395,000-square-foot property houses more than 70 shops, including Banana Republic, Bebe, Sur La Table and Victoria's Secret. The property, currently 90 percent leased, is also home to some of the highest grossing restaurants in Broward County, including Brio Tuscan Grill and Cheesecake Factory. Danny Finkle, Jim Batjer, Luis Castillo and Robert Saracco of HFF represented the seller, Duke Realty, in the transaction.


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