750,000 SF Retail Center In West Melbourne Trades For $78.5 Million
The retail center, home to major national tenants and shadow-anchored by Target and Kohl’s, sold in a deal arranged by Atlantic Capital Partners.
The retail center, home to major national tenants and shadow-anchored by Target and Kohl’s, sold in a deal arranged by Atlantic Capital Partners.
The site is being developed into Shops at Palm Bay, a ±14,014-square-foot retail center slated for delivery in Q2 2027.
Axiom Capital Corp. has structured and arranged a $6.1-million permanent loan (10-year, fixed rate, non-recourse) for the acquisition.
Palm Bay has grown to become the largest city in Brevard County with a population of nearly more than 111,000.
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