Williams said in prepared remarks that there is growing interest for ethnic grocers such as Deerwood Town Center. The JLL Capital Markets team included Senior Managing Director Dan Finkle, Senior Director Eric Williams and Vice President Kim Flores. Richmond Heights and Palmetto Estates are in the surrounding area, with Zoo Miami just across the property. The retail center is roughly 18 miles from downtown Miami and has direct access to the Florida Turnpike. Located at 12095 SW 152nd St., Deerwood Town Center is on the northeast corner of Coral Reef Drive and SW 122nd Avenue within southwest Dade County. Other tenants include Pet Supermarket, TD Bank and Amped Fitness, which recently signed a lease to occupy 18,000 square feet at the property. JLL Capital Markets arranged the deal.Ĭompleted in 1985, Deerwood Town Center was fully leased at the time of the sale, anchored by Fresco y Mas and Home Depot. The developer of the grocery- and home improvement-anchored asset, Courtelis, sold it for $44.9 million. Image courtesy of JLL Capital MarketsĬore Investment Management has acquired Deerwood Town Center, a 205,853-square-foot retail center in Miami.

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