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Equity One Continues Growth with Florida Mall Purchase
Equity One, Inc. recently reported that they purchased the Aventura Square Mall in Aventura, Florida. Aventura Square was purchased for $55.5 million and is anchored by Bed Bath and Beyond, Old Navy and DSW. Centrally located between Fort Lauderdale to the North and Miami to the South, Aventura is a major population hub for Southeastern Florida.
LM Consultants was happy to have been able to assist Equity One by providing pre-acquisition due diligence. The professional staff of LM’s Atlanta office led the Property Evaluation Report for this transaction.
For additional information on this acquisition as well as recent dispositions by Equity One, please visit the Associated Press article available on Forbes.com here: http://onforb.es/qjwNB0
©LM Consultants, Inc. 2009
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