JBL Asset Management has paid $22.25 million, or $160.60/sf, for the 138,554-square-foot Ridge Plaza shopping center in Davie, Fla., just southwest of Fort Lauderdale, Fla. The Hollywood, Fla., investment manager owns 33 retail and industrial properties with 4.3 million sf, primarily in Florida, Georgia and Texas. It bought the retail property, on a 13.5-acre site […]

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