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HFF Closes Sale of Southwest Florida Shopping Center

November 8, 2016

HFF Closes Sale of Southwest Florida Shopping Center

November 3, 2016 | by Irina Vrasmas | Commercial Property Executive

Mission Hills Shopping Center caters to approximately 33,400 residents within a 3 mile radius.
Mission Hills Shopping Center, Naples, Fla.

Mission Hills Shopping Center, Naples, Fla.

Naples, Fla.—HFF has recently closed the sale of Mission Hills Shopping Center, an 85,078-square-foot grocery-anchored commercial center in Naples.

HFF arranged the transaction on behalf of the seller, The Hampshire Cos., a full service, private real estate investment firm based in Morristown, N.J., with assets valued at more than $2.3 billion. The buyer, Phillips Edison Grocery Center REIT II Inc., a public non-traded real estate investment trust, purchased the asset free and clear of existing debt for an undisclosed amount. Senior Managing Director Brad Peterson and Associate Director Whitaker Leonhardt with HFF led the investment sales team representing the seller.

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Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

Our firm has been using Blue Vault from the first year it was available.

We have found it to be a valuable tool to verify what wholesalers tell us and to dig deep into how the reported investments are really performing.

We appreciate that Blue Vault has expanded its services from initially covering REIT's to now also including BDC's.

Our clients also appreciate that we conduct this additional due diligence on their behalf.