The Real Deal Miami

Dizengoff makes another SoFla retail buy

April 21, 2011 04:10PM

The North Hills Square shopping center in Coral Springs has been sold to Dizengoff-Trading Group for $8.9 million, according to the South Florida Business Journal. The 64,000-square-foot property is the third retail acquisition in the past two years for Dizengoff, which opened an office in Boca Raton in 2009 and has invested more than $70 million in Florida real estate since then. Like Dizengoff’s Colonial Promenade Winter Haven retail complex, another recent portfolio addition, North Hills is anchored by a Wal-Mart, which has 52,024 square feet of the space. Other tenants include Wendy’s and Manhattan Bagel. [SFBJ]