Plaza Advisors Announces Second Walgreens Sale of 2010

TAMPA, FL, Aug. 30, 2010--Plaza Advisors is pleased to announce the recent sale of a newly constructed Walgreen’s store in Ocala, Florida.

This building totaled 16,510 square feet and is situated at the intersection of State Road 200 and SW 80th Avenue, at the entrance to the On Top of the World residential communities. The Walgreen’s opened in June 2010 and features a liquor store.

Plaza Advisors represented the seller in the transaction and co-managing partners Anthony Blanco (top left photo)  and Jim Michalak (top right photo), together with Senior Associate Lenard Williams (lower right photo), were involved in the engagement. The sale of this property marks the second freestanding Walgreen’s sale by Plaza Advisors in 2010.

Plaza Advisors is a real estate brokerage firm that specializes in the disposition of retail properties in the southeastern United States. The firm has offices in Tampa and Miami. Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, servicing agents, life insurance companies, REITs, and money center banks.

Co-managing partners Jim Michalak and Anthony Blanco have a combined 40 years investment brokerage experience. The duo has closed over 140 shopping center transactions, with a combined GLA exceeding 15 million square feet with an aggregate sales volume in excess of $2 billion.

Contact: Jim Michalak, Managing Partner, Plaza Advisors, 3412 Bay To Bay Boulevard Tampa, FL 33629, 813.837.1300 Ext. 101, Fax 831.2627
jim.michalak@plazadvisors.com
http://www.plazadvisors.com/