Arlington Retail Center Sells for $8.1M

An Atlanta-based group that was a minority owner in the center located at 9317 Arlington Road has bought out the remaining 34 limited partners and acquired the center for $8.1M.  Mibarev Development I LLC bought the center that is anchored by Bed Bath & Beyond (closing), Mattress Firm, Panera Bread, Starbucks and Moe’s Southwest Grill, and a long dark Circuit City.  Andrew Thurlow of The JAX Business Journal has the story, but the SF in the article is incorrect – that 33k SF is just for the dark Circuit City that is for lease.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on March 14, 2015, in JAX Business Journal, Shopping Centers/Retailers, transaction and tagged , , , , . Bookmark the permalink. Leave a comment.

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