The Real Deal Miami

North Hills Square Shopping Center sells for $11M

March 05, 2014 04:30PM

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North Hills Square Shopping Center

North Hills Square Shopping Center

Oak Brook, an Illinois-based REIT, has acquired the Walmart-anchored North Hills Square Shopping Center in Coral Springs in an $11.05 million deal.

Boca Raton-based AM Coral Springs, managed by VP Joseph Poveromo, originally acquired the property for $8.9 million in 2011, according to the South Florida Business Journal. 

The sale consists of two parcels, which include a 64,975-square-foot retail building at 4614 to 4650 North University Drive and a 2,946-square-foot Wendy’s at 4676 North University Drive. [SFBJ]Christopher Cameron

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