Torburn Partners Sells Plantation Pointe Shopping Center

Midtown Capital Partners LLC, a Miami-based real estate firm, purchased the Plantation Pointe shopping center at 1740-1790 N. University Dr. in Plantation, FL from Torburn Partners for $21.15 million, or about $630 per square foot.

The 33,556-square-foot retail strip is located at the corner of Sunrise Blvd. in the Plantation submarket. The asset is home to Starbucks, AT&T and Walgreens.

Patti Friend, David Donnellan and Dennis Carson of CBRE represented the seller. The buyer was advised in-house by Midtown Realty Group.

Alejandro Velez