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September 21, 2015

South Florida Business Journal – Walmart-anchored center in Coral Springs bought by Continental Realty

Cypress Run Marketplace Exterior - websiteThe Walmart Neighborhood Market-anchored Cypress Run Marketplace in Coral Springs, FL was purchased for $13.6 million by Continental Realty Corporation, which plans to expand the plaza.

The shopping center at 10599 to 10667 West Atlantic Blvd., on the corner of Coral Springs Drive, has 85,000 square feet of leasable space. It is 79 percent occupied, according to Baltimore-based Continental Realty, which bought it for one of its real estate acquisition funds. The price equals $160 per square foot of leasable space.

South Florida Business Journal Article

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