A California real estate investment trust paid $141.5 million for the Downtown at the Gardens shopping center.
October 07, 2014 at 02:33 PM
1 minute read
A California buyer scooped up the Downtown at the Gardens mall in Palm Beach Gardens for $141.5 million in a deal with sellers linked to Berman Enterprises LP, a multigenerational real estate and investment holding company based in Rockville, Md.
Excel Trust Inc. completed the deal through an affiliate, Excel Gardens LLC, according to a deed recorded Tuesday in Palm Beach County.
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