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$53 million - Neapolitan Way and Crossroads Market shopping centers

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  • | 10:00 a.m. December 26, 2014
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  • Commercial Real Estate
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Crow Family Holdings purchased the 137,629-square-foot Neapolitan Way Shopping Center for $30.5 million and the 126,834-square-foot Crossroads Market for $22.5 million.

Location: 754-882 Neapolitan Way and Pine Ridge Road and Vineyards Boulevard, Naples

Details: Crossroads Market is anchored by Publix, Crunch Gym and Walgreens. Other prominent tenants include HMA, Chase Bank, Giovanni Italian Restaurant & Pizzeria, Doctor's Choice Home Care and Subway, and the center features outparcels for McDonald's Mobile and AmSouth Bank.

Neapolitan Way features a 41,120-square-foot Publix grocery store in a central building with two strip center buildings surrounding the parking lot. Other tenants include a 13,000-square-foot Walgreens, 12,300-square-foot Bill Smith Appliances and Electronics, Draper's & Damon's Inc., Amore Ristorante, La Green Spa and BankUnited.

Both of the centers were sold by Madison Marquette.


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