South Florida Business Journal Federal Realty Investment Trust has purchased the 392,000-square-foot Shops at Pembroke Gardens retail property in Pembroke Pines, Fla., for $180.5 million, or about $460.46/sf. The Bethesda, Md., REIT bought the property from Jeffrey R. Anderson Real Estate of Cincinnati, which had acquired it nine years ago for $188 million. The property, […]

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