CBRE Arranges Sale and Financing of Two Neighborhood Retail Centers in Florida

Shoppes at Summerfield is fully occupied by tenants including AAA Auto Club, Subway, The UPS Store and Supercuts. Shoppes at Summerfield is fully occupied by tenants including AAA Auto Club, Subway, The UPS Store and Supercuts.

Bradenton, Fla. — CBRE has arranged the sale and financing of two retail centers located in the master-planned community of Lakewood Ranch in Bradenton.

The 12,569-square-foot Shoppes at Summerfield and the 11,000-square-foot Shoppes at Market Square were acquired by B & L Investments for $5.8 million.

Don Jennewein and Mark Shellabarger of CBRE worked on behalf of the seller, Win IV LTD. Jennewein arranged financing on behalf of the buyer with Genworth Life Insurance Co.

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