Miami, FL – August, 2021 – MMG Equity Partners has secured $26.6 million and refinances retail center, Town and Country Plaza, located at 13712 SW 152nd Street in Miami, FL. Guardian Life Insurance Company of America provided the loan for the shopping center. JLL Capital Markets team, which included Chris Drew, Brian Gaswirth, and Reid Carleton, arranged the debt package.
Town and Country Plaza is a 94,815 square foot grocery anchored shopping center located on the Southwest corner of SW 152nd Street and 137th Avenue. The property benefits from over 40,000 vehicles per day at the intersection. The property sits down the street from Zoo Miami. The shopping center is anchored by Sedano’s Supermarket, and other key tenants include Navarro Discount Pharmacy, Sherwin-Williams, Goodwill, and Discount Auto Parts.
The property is 100% occupied at closing.
More information is available at: https://towncountryshoppingcenter.com/
MMG is an active buyer of South Florida real estate and was recently ranked as one of the Top Real Estate Investors in Miami-Dade. In May 2021, the company acquired Plantation Square https://plantationsquareplaza.com/ a 65,796 SF retail center in Broward County. MMG recently completed a full remodel of Naranja Plaza http://naranjaplaza.com, a 52,000 SF strip center in Southern Miami-Dade County.
About MMG Equity Partners
MMG Equity Partners is a privately-owned real estate investment company focused on long-term ownership, management, development, and acquisitions of shopping centers in Florida. For more information about MMG Equity Partners, please visit www.mmgequitypartners.com