Courtelis Co. and Barron Collier Cos. have sold Granada Shoppes, a 307,000-square-foot, one-of-a-kind shopping center destination in the coastal Florida community of Naples, Fla. Brixmor Property Group acquired the asset for $97 million.
Granada Shoppes is 98 percent leased to a diverse lineup of popular national and local tenants, including Trader Joe’s, Marshalls, Hobby Lobby, Haverty’s, Dollar Tree, PF Chang’s, Tuesday Morning, Xfinity, First Watch Restaurant, Jersey Mike’s Sports Clips, Visionworks, Men’s Wearhouse and Petland of Naples.
Situated on more than 39 acres at the southeast corner of Tamiami Trail N. (U.S. 41) and Immokalee Road, Granada Shoppes is in a high-traffic location with visibility to more than 91,900 vehicles per day. The retail destination is 3.5 miles west of the Interstate 75 interchange, making it easily accessible to affluent Naples and Bonita Springs residents. The center serves a trade area that includes 44,821 residents earnin
