$103M Resort Retail Portfolio Changes Hands
November 7, 2016 | by Keith Loria | Commercial Property Executive
Fort Lauderdale, Fla.—A private real estate consortium between The Imperium Cos., MMG Equity Partners and Blue River Family Office Partners has acquired a seven-property portfolio of international trophy retail assets located within luxury resorts, from CNL Lifestyle Properties, for $103 million.
The portfolio consists of 423,482 square feet of ground-floor retail, in the mixed-use villages of six ski resorts and one golf and beach resort, in the United States and Canada.
Marcus & Millichap arranged the transaction.
The time (at Blue Vault's 2nd Annual Broker Dealer Educational Summit) proved extremely informative.