{"id":1004129704,"date":"2015-10-21T03:47:32","date_gmt":"2015-10-21T11:47:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004129704"},"modified":"2022-03-03T16:09:57","modified_gmt":"2022-03-04T00:09:57","slug":"reit-sheds-lakeland-area-power-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/reit-sheds-lakeland-area-power-center\/","title":{"rendered":"REIT Sheds Lakeland-Area Power Center"},"content":{"rendered":"
\"North<\/a>

North Lakeland Plaza<\/p><\/div>\n

Retail Centers of America<\/a> has acquired North Lakeland Plaza, in a transaction facilitated by The Shopping Center Group<\/a>. The fully-leased 171,500-square-foot retail center was sold by Michigan-based publicly-traded real estate investment trust Agree Realty<\/a> for an undisclosed price. The buyer was assisted by Lincoln Property Company<\/a>.<\/p>\n

Located on nine acres at the intersection of US Highway 98 and Wedgewood Estate Blvd. in Lakeland, Fla., North Lakeland Plaza is situated along a heavily trafficked retail corridor that carries approximately 52,500 vehicles daily. Built in 1987, the facility has been anchored by Best Buy, Jo-Ann Fabric and Craft Stores and Bealls for more than a decade. National companies such as CitiFinancial, Sally Beauty Supply and Fantastic Sams are also part of the tenant roster. Beef O\u2019Brady\u2019s, MidFlorida Bank and Taco Bell also operate at the property but were not included in the sale.<\/p>\n

The Shopping Center Group\u2019s team that marketed the property was led by Director of Investment Sales Anthony Blanco, Senior Associate Lenard Williams and Analyst Mallory Ham marketed the property for sale.<\/p>\n

Image via<\/em> Agree Realty<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Shopping Center Group facilitated the sale of a 171,500-square-foot North Lakeland Plaza retail center in Lakeland, Fla. <\/p>\n","protected":false},"author":35,"featured_media":1004129705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21749,1612],"tags":[],"class_list":["post-1004129704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-retail","category-tampa"],"acf":[],"yoast_head":"\nREIT Sheds Lakeland-Area Power Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/reit-sheds-lakeland-area-power-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REIT Sheds Lakeland-Area Power Center\" \/>\n<meta property=\"og:description\" content=\"The Shopping Center Group facilitated the sale of a 171,500-square-foot North Lakeland Plaza retail center in Lakeland, Fla.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/reit-sheds-lakeland-area-power-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-21T11:47:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T00:09:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/North-Lakeland-Plaza.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"714\" \/>\n\t<meta property=\"og:image:height\" content=\"441\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"REIT Sheds Lakeland-Area Power Center\",\"datePublished\":\"2015-10-21T11:47:32+00:00\",\"dateModified\":\"2022-03-04T00:09:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/\"},\"wordCount\":191,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/10\\\/North-Lakeland-Plaza.jpg\",\"articleSection\":[\"Deals\",\"News\",\"Retail\",\"Tampa\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-sheds-lakeland-area-power-center\\\/\",\"name\":\"REIT Sheds Lakeland-Area Power Center - 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