February 18, 2010

CR South Acquires 115,000 Square Foot Marquesa Plaza

CR South, a partnership between Continental Realty Corporation and Forman Capital, LLC, has announced the acquisition of Marquesa Plaza, a 115,000 square foot retail center located at the intersection of Livingston Road and Pine Ridge Road in Naples, Florida.

Constructed in 2007, the neighborhood shopping center features 19 tenants including Starbucks Coffee, First American Bank, Anytime Fitness, First Watch Restaurant, Carvel Ice Cream, Sunshine Pharmacy and Five Guys Burgers and Fries. The new ownership group has selected Investment Properties Corporation to oversee marketing and leasing activities aimed at targeting complementary retailers to add to the Marquesa Plaza tenant mix.