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University Marketplace Sells for $21.3M

Belino Equities Buys Retail Center in Pembroke Pines
August 8, 2017
Belino Equities acquired the University Marketplace shopping center at 8030-8384 N. Pines Blvd. in Pembroke Pines, FL from Arena Capital Holdings for $21.25 million, or about $142 per square foot.

The single-story, 150,000-square-foot retail building was built in 1986 in the Southwest Broward submarket.

Todd Nepola of Current Capital Real Estate Group represented the buyer.

Please refer to CoStar COMPS #3956312 for more information on this transaction.
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