Lakeside Plaza Community Center and Holiday Inn in Boca Raton Sell for $54 Million

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The Lakeside Plaza retail center, along with the adjacent Holiday Inn Express, was purchased by South Carolina-based EDENS on Thursday. Local investment group Ocean Properties sold the Boca Raton properties for $54 million.

Located near the southwest corner of Florida's Turnpike and Glades Road, Lakeside Plaza totals over 52,000 square feet in five buildings. Anchors include "Marshalls" and "HomeGoods".

The Holiday Inn Express Boca Raton consists of 97 units in one 2-story building built in 1973. There is one pool on the property.

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Clarion Partners Purchases Pompano Industrial Center for $77 Million

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Clarion Partners purchased the Pompano Industrial Center on Friday for $77.25 million from Invesco Real Estate.  The property totals 623,000 square feet built 1999-2001 on 37.8 acres near Florida's Turnpike and Copans Road. 171 dock doors and 8 grade doors are included on the site.

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Mater Academy Buys Former Bay Point School Campus in Cutler Bay

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Mater Academy, which operates over 25 college preparatory campuses in the Miami Metro area, purchased the former Bay Point School in Cutler Bay for $8.5 million yesterday. The property was previously operated as a school for youth in trouble with the law, until the campus closed in 2010.

Located east of Florida's Turnpike and 216th St, the property consists of 94,965 square feet of improved space built on 44 acres. The sale was funded by a loan of nearly $7.5 million with Sabadell United Bank.

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