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News

Goodman Cashes In, Sells North Florida Malls

Goodman Cashes In, Sells North Florida Malls

By

admin

Posted in In the News On

Monday, September 16, 2002
by Jane Bennett


The Goodman Co. is taking advantage of a sellers market.

The West Palm Beach-based developer of a still-unnamed mall on Duval County’s Southside recently sold shopping centers in Orange Park and Middleburg in North Florida for nearly $20 million.

“We couldn’t pass up the opportunity,” said John Dowd, Goodman vice president. “There’s a lot of money out there chasing a few good pieces of property.”

The shopping centers are:

* Blanding Crossing in Orange Park, home of BJ’s Wholesale Club. It sold for $11.25 million.

* Middleburg Crossing, a Publix Super Market-anchored center at 2640 Blanding Blvd., which sold for $7.4 million.

The Margolias Realty Group in Atlanta bought the Middleburg center, according to property records.

Miami Beach-based North Miami Warehouse, a limited liability corporation, bought the Orange Park center, according to property records.

Earl Pertnoy, a member of the Miami Beach law firm Pertnoy, Solowsky, Allen & Haber, is listed as manager of North Miami Warehouse. He did not return calls for comment.

Read this article at www.bizjournals.com.

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