CB Richard Ellis Private Client Group is selling Grand Avenue Center, a 13,150 sq.ft. center situated on 4.648 acres with an additional 2.745 acres for development, located along Grand Avenue Parkway in Pflugerville, TX. The center is 90% occupied and all tenants are under NNN leases, with most containing rent escalations. Demographics include a population of 171,499 within a five-mile radius earning an average household income of $74,758. The asking price is $3.943 million with a Cap rate of 7%. The company is also selling a single-tenant mall anchor pad located at San Jacinto Mall in Baytown, TX. The 33,219 sq.ft. building is tenanted by Marshalls under lease until 2009. The other mall anchors include Sears, Macy’s and JCPenney. Area retail includes Chili’s, Starbucks, Best Western, Chevron, Denny’s, Sleep Inn, Hampton Inn, Whataburger, Pier 1 Imports, Aaron’s Furniture and Johnny Carinos. The asking price is $2.7 million with a Cap rate of 11%.

For more information regarding the Pflugerville property, contact Walter Saad or Cathy Nabours, CB Richard Ellis Private Client Group, 1221 South Mopac Expressway, Suite 100, Austin, TX 78746; 512-499-4925/4917, Fax 512-499-4999; Emails: walter.saad@cbre.com and cathy.nabours@cbre.com; Web site: www.cbre.com/pcg-austin. For more information regarding the Baytown property, contact Tom Lynch, Derek Hargrove or Alisha Renshaw, 2700 Post Oak Boulevard, Suite 400, Houston, TX 77056; 713-840-6559/6694/6672, Fax 713-960-8583; Emails: tom.lynch@cbre.com, derek.hargrove@cbre.com and alisha.renshaw@cbre.com.

Cushman & Wakefield of Georgia, Inc. is selling Crosspointe Plaza, a 72,978 sq.ft. center situated on 5.612 acres located at the intersection of Haywood Road and Woods Crossing Road in Greenville, SC. The center is anchored by a 45,912 sq.ft. Circuit City and shadow-anchored by a Toys "R" Us. Circuit City is under a lease with nine years remaining on the original term. Demographics include a population of 56,673 within a three-mile radius earning an average household income of
$62,226. The average daily traffic count is 25,200 vehicles.

For more information, contact Kris Cooper, Margaret Caldwell or Christie Hawver, Cushman & Wakefield of Georgia, Inc., 1201 West Peachtree Street, 3300 One Atlantic Center, Atlanta, GA 30309-3425; 404-853-5376/5364/5367, Fax 404-875-4637; Web site: www.cushwake.com.

Grubb & Ellis|Commercial Florida is selling The Palms, a mixed-use development situated on 53 acres located at the intersection of Clyde Morris Boulevard and Madeline Boulevard in Port Orange, FL. The asking price is $20 million. The company is also selling a three-building portfolio situated on 2.46 acres located along West Sand Lake Road in Orlando, FL. The three buildings total 13,000 sq.ft. The asking price is $3.9 million. The company is also selling Lockwood Crossings, a planned 72,300 sq.ft. shopping center situated on 8.34 acres located at the intersection of State Road 50 and Chuluota Road in East Orlando, FL. The asking price is $5.25 million.

For more information, contact David Calcanis, Grubb & Ellis|Commercial Florida, 315 East Robinson Street, Suite 555, Orlando, FL 32801; 407-481-5406, Fax 407-841-0002; Email: dcalcanis@commercialfl.com. For more information regarding Lockwood
Crossings, contact Ray Hayhurst or
Steve Tanner; 407-481-5419/5418; Emails:
rhayhurst@commercialfl.com and
stanner@commercialfl.com.

GAIA Real Estate Investments is selling an Office Depot located in Dallas, TX for $5.6 million at a Cap rate of 7.93%. The store is situated on three acres near Interstate 35 with an average daily traffic of 90,000 vehicles in the surrounding area and in close proximity to the Dallas Convention Center and the Love Field Airport. Area demographics include a population of 279,153 within five miles earning $85,797 as the average household income. The company is also selling a Walgreens located at the intersection of Base Line Street and Waterman Avenue in San Bernardino, CA for $7.86 million at a Cap rate of 6%. The freestanding building, featuring a drive-thru pharmacy is scheduled to open during September. Area demographics include a population of 116,381 within three miles. The average daily traffic count is 53,000 vehicles. Area retailers include Big Lots, Church’s Chicken, Goodyear Tires, Jack in the Box, Longs Drugs and Stater Bros.

For more information, contact
Tom Lambotte, GAIA Real Estate
Investments; 858-488-0591; Email:
tom@gaiarealestateinvestments.com.

Coldwell Banker is looking to acquire shopping centers located in Dade, Broward and Palm Beach counties, FL. Sites should have GLAs of 50,000 sq.ft. or larger and feature a mix of local and national tenants.

For more information, contact Kathy Janow, Coldwell Banker; 954-689-0227; Email: kjanow@aol.com.

Marcus & Millichap Real Estate Investment Services is selling Revelation Marketplace, a 90,062 sq.ft. shopping center situated on 7.72 acres located along South Dixie Highway in Homestead, FL. The property was built in 1983 and extensively renovated in 2004. The asking price is $10.25 million. The company is also selling Staples Plaza, a 61,255 sq.ft., 100% leased shopping center situated on 7.39 acres located along West Vine Street in Kissimmee, FL. Tenants of the center include Staples, 7-Eleven/Citgo, Salvation Army and Church’s Chicken. The company also arranged the sale of The Shoppes of New Tampa, a 68,501 sq.ft. center situated on 7.45 acres located along Bruce B. Downs Boulevard in Wesley Chapel, FL. The company represented both the seller and the buyer, VGA Realty, LLC.

For more information, contact Andy Neiswenter or Jack Echterling, Marcus & Millichap, 5201 Blue Lagoon Drive, Suite 100, Miami, FL 33126; 786-522-7000, Fax 786-522-7010; Web site: www.marcusmillichap.com.

CB Richard Ellis Net Leased Property Group is selling a 90,000 sq.ft. building located along Apalachee Parkway in Tallahassee, FL. The building is currently tenanted by Kohl’s under a NNN lease ending in 2027. The company is also selling a 76,164 sq.ft. building located along Gateway Drive in Eau Claire, WI. The building is currently tenanted by Kohl’s under a NNN lease ending in 2015. The properties are listed as a portfolio but may be purchased separately.

For more information, contact Richard Frolik or Christian Williams, CB Richard Ellis Net Leased Property Group, 700 Commerce Drive, Suite 550, Oak Brook, IL 60523; 630-573-7012/7075; Emails: richard.frolik@cbre.com and christian.williams@cbre.com. Or Sterling Champ, CB Richard Ellis – LA North, 10 Universal City Plaza, 27^th Floor, Universal City, CA 91608; 818-502-6769; Email: sterling.champ@cbre.com.

Twin Rivers Capital, LLC is selling a 9,180 sq.ft. Family Dollar store located on US Highway 20 in Interlachen, FL for $1.44 million at a Cap rate of 7.75%. Area demographics include a population of 20,239 within 10 miles earning $43,721 as the average household income.

For more information, contact John Orr, J.J. Lamberson or Chelsea Sellars, Twin Rivers Capital, LLC, 57 Hasell Street, Charleston, SC 29401; 843-722-9925, Fax 843-722-9947; Emails: john@twinriverscap.com, jj@twinriverscap.com and chelsea@twinriverscap.com.

Massey Knakal Realty Services is selling a 21,780 sq.ft. parcel located at the intersection of Rosevale Avenue and Richmond Boulevard in Lake Ronkonkoma, NY. The property currently houses a 2,800 sq.ft. automotive repair center and a 7,200 sq.ft. tow yard. All leases are monthly. The asking price is $1.2 million.

For more information, contact Joseph Amendola, Massey Knakal Realty Services, 118-35 Queens Boulevard, 14^th Floor,
Forest Hills, NY 11375; 516-267-7888
Ext. 2110, Fax 718-275-5478; Email:
jamendola@masseyknakal.com.

Michael Y. Cannon Real Estate completed the $5.3 million sale of a 51,027 sq.ft. shopping center situated on 4.6 acres located along Pines Boulevard in Pembroke Pines, FL. W/B Pembroke Retail, Ltd. acquired the site from SM Newco Pembroke Pines. The company also completed the $4.3 million sale of a 40,080 sq.ft. shopping center situated on 3.91 acres located along North State Road 7 in Tamarac, FL. Lakeside Plaza acquired the site from Lakeside Development Group.

For more information, contact Michael Y. Cannon Real Estate, 9400 South Dadeland Boulevard, Penthouse 1, Miami, FL 33156-2817; 305-670-0001 Ext. 212, Fax 305-670-2276.

Cushman & Wakefield is selling Merritt Square Mall, including an enclosed shopping center, three outparcels and an exterior strip center, situated on 61.432 acres located along State Road 520 in Merritt Island, FL. A total of 468,219 sq.ft. is for sale, including mall anchors JCPenney and Cobb Theatres. The company is also selling The Gallery at Beach Place, a 95,919 sq.ft. lifestyle center situated on 2.95 acres located at the intersection of Fort Lauderdale Beach Boulevard and Cortez Street in Fort Lauderdale, FL. The company is also selling Baldwin Park Village, the 182,469 sq.ft. retail component of a master-planned community in Baldwin Park, FL. The center occupies 7.35 acres and is located along New Broad Street.

For more information, contact Adam Feinstein or Mark Gilbert, Cushman & Wakefield, 200 South Biscayne Boulevard, Suite 2800, Miami, FL 33131;
305-533-2863/2866; Fax 305-375-0056;
Emails: adam.feinstein@cushwake.com and mark.gilbert@cushwake.com; Web site: www.cushwake.com.

DTZ Rockwood International Property Advisers is selling Plantation Marketplace, a 230,330 sq.ft. shopping center located along West Broward Boulevard in Plantation, FL. The center was built in 1963 and renovated in 1998. The occupancy rate is 64.9% and the tenants include Winn-Dixie,
CVS, Beall’s and Big Lots. Demographics include a population of 386,957 within a five-mile radius earning an average household income of $81,000. The company is also selling Penn Dutch Plaza, a 155,628 sq.ft. center located along North State Road 7 in Margate, FL. The center was built in 1989 and has an occupancy rate of 84.9%. Anchors include Penn Dutch grocery and Walgreens. Demographics include a population of 370,289 earning an average household income of $71,000 within a five-mile radius.

For more information, contact John F. Bell, DTZ Rockwood International Property Advisers, 1441 Brickell Avenue, Suite 1410, Miami, FL 33131; 305-961-2223, Fax 305-358-7378; Email: jbell@dtzrockwood.com.

Royal Properties, Inc. brokered the sale of a center located along Gramatan Avenue in Mount Vernon, NY. The center was 100% leased at the time of sale.

For more information, contact David Landes, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com.

Orion Investment and Management Limited Corp. is selling a 1.4-acre parcel located at the intersection of Palm Beach Lakes Boulevard and Forum Way in West Palm Beach, FL. Area retail includes Target, Best Buy and BrandsMart, as well as the Palm Beach Mall, anchored by Macy’s, Dillard’s, JCPenney and Sears.

For more information, contact Joseph Sanz, Orion Investment and Management Limited Corp., 9155 South Dadeland Boulevard, Suite 1602, Miami, FL 33156; 305-278-8400; Email: jsanz@orionmiami.com; Web site: www.orionmiami.com.

Ramco-Gershenson Properties Trust acquired its partner’s interest in Ramco Jacksonville, LLC and is the sole owner of River City Marketplace, a 600,000 sq.ft. shopping center located in Jacksonville, FL. The center features nine anchors and is currently undergoing a 250,000 sq.ft. expansion with three additional anchors.

For more information, contact Dennis Gershenson or Richard Smith, Ramco-Gershenson Properties Trust, 31500 Northwestern Highway, Suite 300, Farmington Hills, MI 48334; 248-350-9900, Fax 248-350-9925; Web site:
www.ramco-gershenson.com.

Faris Lee Investments brokered the $44 million sale of a 177,933 sq.ft. portion of The Plaza at Puente Hills, located at the intersection of Gale Avenue and Fullerton Road in City of Industry, CA. JSL Plaza at Puente Hills acquired the property from SCI Real Estate Investments, LLC. The 177,933 sq.ft. section is tenanted by Office Depot and Smart & Final. The company also sold a portion of the 194,629 sq.ft. Village at Lee Branch center located on Highway 280 East in Birmingham, AL. The center is situated on 25.52 acres and is tenanted by a 70,000 sq.ft. Academy Sports and a 54,000 sq.ft. Publix. Additional tenants include Bryant Art Traders, Lifeway Christian Stores and WineStyles. The company represented the buyer, LaSalle Investment Management.

For more information, Faris Lee Investments, 2301 Dupont Drive, Suite 100, Irvine, CA 92612; 949-221-1800, Fax 949-221-1830.

GVA Advantis is selling an 8,275 sq.ft. building situated on 1.58 acres located along Southwest 17^th Street in Ocala, FL. The building is currently tenanted by Roadhouse Grill, with eight years remaining on a 20-year NNN lease. The lease features annual rent increases of 2%. The asking price is $3.575 million, with a Cap rate of 8.01%. The company also closed the sale of Bloomingdale Commons, a 27,575 sq.ft. shopping center located in Brandon, FL. The company represented Barclay Group in their disposition of the property.

For more information regarding Roadhouse Grill, contact Jeffrey Pocklington, Martin Forster or Michael Pocklington, GVA Advantis, 255 South Orange Avenue,
Suite 750, Orlando, FL 32801; 407-999-4752; Emails: jpocklington@gvaadvantis.com, mforster@gvaadvantis.com or mpocklington@gvaadvantis.com; Web site: www.gvaadvantis.com. For more information regarding Bloomingdale Commons, contact Brad Luger or Lawrence Randolph, GVA Advantis, 3000 Bayport Drive, Suite 100, Tampa, FL 33606; 813-342-4707, Fax 813-342-4015.

Thalhimer Commercial Real Estate closed the $8.123 million sale of 24.13 acres located in Zion Crossroads, VA. Wal*Mart Stores, Inc., represented by the company, acquired the property from The Rebkee Co. and plans to develop a 184,000 sq.ft. Wal*Mart Supercenter.

For more information, contact Thalhimer Commercial Real Estate, 1313 East Main Street, Suite 400, Richmond, VA 23219; 804-648-5881, Fax 804-697-3479; Web site: www.thalhimer.com.

AMC Delancey Group closed on the $61.05 million sale of Gettysburg Village Factory Stores in Gettysburg, PA. Horizon Group Properties, Inc. acquired the property. The sale comes as part of AMC Delancey Group’s shift from owner/operator to provider of equity capital.

For more information, contact AMC Delancey Group, 718 Arch Street, Suite 400N, Philadelphia, PA 19106; 215-627-6500, Fax 215-627-6585; Email: info@amcdelancey.com; Web site: www.amcdelancey.com.

McKelvey Properties is selling the fully leased Laura K Center, located at the intersection of Highway K and Laura Hill Road in O’Fallon, MO. The 12,449 sq.ft. center is tenanted by Starbucks, Chipotle, Scottrade, Media Go Mobile, Sleep Center Mattress and After Hours Urgent Pediatric Care. Area retail includes Kohl’s, Target, Old Navy, Gordman’s, Linens ‘N Things, Ashley Furniture and Longhorn Steakhouse. The asking price is $6.19 million.

For more information, contact Patricia McKelvey, McKelvey Properties, 2010 Bluestone Drive, Saint Charles, MO 63303; 636-669-9111, Fax 636-669-9117.

Syndicated Equities is selling a 6,800 sq.ft. building situated on 1.5 acres located along Pointe Village Drive in Lutz, FL. The current tenant, Up The Creek Fish Camp & Grill, has a 20-year NNN lease with 5.5% rent increases every five years and four, five-year options. Demographics include a population of 32,591 within a five-mile radius earning an average household income of $80,465. The asking price is $4 million with a Cap rate of 7%.

For more information, contact Ari Vinokur or Russell Brenner, Syndicated Equities, 350 North LaSalle Street, Suite 800, Chicago, IL 60610; 312-640-9020/9025, Fax 312-640-9021; Emails: avinokur@syneq.com and rbrenner@syneq.com.

Calkain Realty Advisors is selling four Dunkin’ Donuts locations in western FL on behalf of a client. Each of the four properties has an NNN lease with annual rent increases. The asking price for the portfolio is $9.677 million, though offers for individual properties will be considered. The company is also selling a 7,488 sq.ft. Hollywood Video situated on 0.75 acres located in Jacksonville, FL. The site is shadow-anchored by Publix. The tenant is has a NNN lease and the Cap rate is 8.36%.

For more information, contact Tom Geller, Calkain Realty Advisors, 1408 North West Shore Boulevard, Suite 616, Tampa, FL 33607; 813-282-6000, Fax 813-282-6098; Email: tgeller@calkain.com.

CB Richard Ellis – Phoenix negotiated the sale of a 40.34-acre parcel approved for a mixed-use center located at the intersection of Interstate 10 and Litchfield Road in Goodyear, AZ. The company represented Mutual Development Co., LLC in its acquisition of the property from Saratoga Land Co., who was represented by Western Land Co. Mutual Development Co., LLC plans to build a 356,000 sq.ft. mixed-use center with office, retail, multi-family and hospitality components.

For more information, contact Katherine Haug, CB Richard Ellis – Phoenix, 2415 East Camelback Road, Phoenix, AZ 85016; 602-735-1782, Fax 602-735-5655; Email: katherine.haug@cbre.com.

RCG Ventures, LLC acquired Apple Center, an 87,037 sq.ft. center located in Newburgh, IN, from Newburgh Associates, LLC. The center is anchored by Ace Hardware.

For more information, contact Jim O’Donnell, RCG Ventures, LLC, 2970 Peachtree Road, Suite 805, Atlanta, GA 30305; 404-816-5454, Fax 404-816-5445; Email: jimo@rcgventures.com.

Regency Centers acquired Corkscrew Village, an 82,011 sq.ft. shopping center anchored by Publix and located along South Tamiami Trail in Estero, FL. The center is cotenanted by Wachovia and The UPS Store.

For more information, contact Diane DeVore, Regency Centers, One Independent Drive, Suite 114, Jacksonville, FL 32202-5019; 904-598-7826; Email: ddevore@regencycenters.com; Web site: www.regencycenters.com.

GMH Capital Partners is selling Powerline Commerce Center, a 73,229 sq.ft. mixed-use center situated on 5.92 acres located at the intersection of Copans Road and Powerline Road in Pompano Beach, FL. The center was constructed in 1986 and has an occupancy rate of 78%. Current tenants include West Marine, Stop & Shop and Enterprise Car Rental.

For more information, contact Bill Tourtellotte or Shawn Lubic, GMH Capital Partners, 10 Campus Boulevard, Newtown Square, PA 19073; 610-355-8097/8172, Fax 610-355-8397/8472; Emails: wtourtellotte@gmhcp.com and slubic@gmhcp.com; Web site: www.gmhcp.com.

Investment Management Associates, Inc. is selling a 30,000 sq.ft. parcel located along 122^nd Street in Hialeah Gardens, FL. The property is the site of a freestanding building that formerly housed a Long John Silver’s/A&W Restaurant.

For more information, contact Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 100, Coral Gables, FL 33146; 305-661-0110, Fax 305-661-7803.

Rainier Capital Management, LP acquired two 60,000 sq.ft. Gander Mountain locations, one in Knoxville, TN and one in Winchester, VA. The company acquired the properties on behalf of 20 tenant-in-common investors.

For more information, contact Tim Nichols, Rainier Capital Management, LP 13760 Noel Road, Suite 800, Dallas, TX 75240; 214-234-8210; Web site: www.rainiercapital.com.

Gannaway & Associates, LLC is scouting acquisition opportunities for strip centers in the Northeast on behalf of a client. Centers should have occupancy rates exceeding 50% and a Cap rate above 8%.

For more information, contact Mike Tayyeb or Denise Tayyeb, Gannaway & Associates, LLC, 589 Bedford Street, Stamford, CT 06901; 203-252-2200, Fax 203-977-8559.

The Shopping Center Group is selling a 127-acre parcel located at the intersection of Interstate 85 and U.S. Highway 76/Clemson Highway in Anderson, SC. A portion totaling 72 acres is zoned commercial. Area retail includes Wal*Mart Supercenter, Sam’s Club, Target, Lowe’s Home Improvement, Belk, JCPenney and a proposed Kohl’s. Area draws include Clemson University.

For more information, contact Alex Galloway, 1023 West Morehead Street, Suite 200
Charlotte, NC 28208; 704-335-5455, Fax 704-335-0155; Email:
alexg@theshoppingcentergroup.com; Web site: www.theshoppingcentergroup.com.

The Prakas Group brokered the acquisition of Jeff’s Beach House Grille by Jeff’s Beach House Grille, Inc. The 4,000 sq.ft. sports bar is located on North Federal Highway in Fort Lauderdale, FL. The property was sold for $325,000 by CHAO Restaurants 4140, LLC. The company represented both parties.

For more information, contact The Prakas Group, 703 Palmetto Park Road
Boca Raton, FL 33432; 561-368-0003, Fax 561-368-4303.

PGD Investment Properties is selling a Carl’s Jr. restaurant located at the intersection of Lake Pleasant Road and Happy Valley Parkway in Phoenix, AZ for $2 million at a Cap rate of 6.5%. The restaurant is located in a two million sq.ft. power center cotenanted by Home Depot and Kohl’s.

For more information, contact Parviz Donboli, PGD Investment Properties, 23233 North Pima Road, Suite 113, Scottsdale, AZ 85255; 480-219-7219, Fax 480-393-7730; Email: parviz@pginvestments.com.

Millennium Venture Group, Inc. is looking to acquire freestanding single- and multi-tenant buildings throughout the Orlando and Tampa, FL metropolitan areas on behalf of a client. Sites should be larger than 500 sq.ft. and situated
on pad sites ranging from 0.25 acres to one acre.

For more information, contact Santiago Escobedo, Millennium Venture Group, Inc., 1999 Broadway, Suite 3225, Denver, CO 80202; 303-339-5186, Fax 303-573-6503; Email: sescobedo@mventuregroup.com; Web site: www.mventuregroup.com.

Paradise Development Group is selling a portfolio consisting of five Walgreens. Three of the properties are located throughout PA with the remaining two located throughout GA. The asking price for each property reflects Cap rates ranging from 6.2% to 6.25%.

For more information, contact Peter Monroe, The Paradise Development Group, 2901 Rigsby Lane, Safety Harbor, FL 34695; 727-726-1115, Fax 727-726-2337; Email: pmonroe@paradisedev.com; Web site: www.paradisedev.com.

REZA Investment Group, Inc. is selling Lighthouse Plaza, a fully leased, 17,612 sq.ft. center situated on 1.48 acres located along International Drive in Orlando, FL. The center is anchored by Starbucks and includes Westgate Resorts and Lobster Feast Restaurant as tenants. The
asking price is $6.5 million with a Cap rate of 7.2%.

For more information, contact REZA Investment Group, Inc., 3 Park Plaza, Suite 550, Irvine, CA 92614; 949-833-3380, Fax 949-833-3382; Web site: www.rezacompanies.com.