$39.9 million - The Forum at Fort Myers and Northpoint Shopping Center


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  • | 10:00 a.m. December 26, 2014
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A joint venture of DDR Corp. and an affiliate of Blackstone Real Estate Partners VII purchased the 458,394-square-foot The Forum at Fort Myers for $29.4 million and Northpoint for $10.5 million.

LOCATION: 9322 and 9360-9390 Dynasty Drive and 3230-3274 and 3330 Forum Blvd., Fort Myers (Forum) and 1803, 1811-1847 and 1851 N.E. Pine Island Road, Cape Coral (Northpoint)
PURCHASE DATE: Oct. 17
PRICE PER SQUARE FOOT: $69

DETAILS: The Forum features Target, Books-A-Million, Petco, The Home Depot, Ross Dress for Less and Bed Bath & Beyond. Vacancies include a 30,162-square-foot former Best Buy space and three smaller spaces ranging from 2,812 to 1,097 square feet.

 

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