Plaza Advisors Announces the Sale of West Bird Plaza in Miami, FL

MIAMI, FL, Sept. 2, 2010....Plaza Advisors is pleased to announce the recent sale of West Bird Plaza (top left photo)  in Miami, Florida.

This exceptional shopping center is situated at the intersection of Bird Road (SW 40th Street) and SW 117th Avenue, adjacent to the Florida Turnpike.

 West Bird Plaza totals 99,864 square feet of gross leasable area and is anchored by Publix and CVS Pharmacy. West Bird Plaza was built in 1977 and was 94% leased at the time of sale.

Plaza Advisors represented the seller in the transaction and co-managing partners Anthony Blanco (lower left photo) and Jim Michalak (lower right photo), together with Senior Financial Analyst, Lenard Williams were involved in the engagement.

 The seller and buyer were entities affiliated with Phillips Edison and Company and Equity One, Inc., respectively.

For more information, please contact:
Miami Office, Anthony Blanco, 305-629-3606, FAX: 305-647-6441, Anthony.blanco@plazadvisors.com
Tampa Office, Jim Michalak, 813-837-1300,  FAX: 813-831-2627,  Jim.michalak@plazadvisors.com