AmCap buys first Florida property


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  • | 11:00 a.m. April 8, 2016
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AmCap Inc. has acquired the Center of Bonita Springs shopping center for $52 million; it is the private equity firm's first Florida property.

The Stamford, Conn.-based firm, which owns a total of 28 retail properties in 15 states, acquired the Lee County center together with AIG Global Real Estate Investment Corp., records show.

The 286,000-square-foot property, at 3300-3360 Bonita Beach Road S.W., was fully renovated two years ago. Upgrades included new lighting, parking, landscaping and façade work, as well as a new 54,000-square-foot store for anchor Publix Super Markets Inc.

 

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