Duke Sells Off Retail Center For $188M
An undisclosed institutional joint venture bought the Shops at Pembroke Gardens, a 391,120-square-foot lifestyle retail center in Pembroke Pines near Fort Lauderdale, for $188 million, or $480 per square foot, according to Duke.
The sale of the retail center, which was built in 2008 and is 90 percent leased, falls in line with Duke’s plan to...
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