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Article: Turnberry Associates, Schiff Companies Consumate Joint Venture, Purchase Six Shopping Centers for $73 Million.
- Article from:
- Business Wire
- Article date:
- November 14, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Retail & Real Estate Writers
MIAMI--(BUSINESS WIRE)--Nov. 14, 2002
Formed Turnberry-Schiff Properties to Focus On Retail
Opportunities Within the State of Florida
A joint venture between Turnberry Associates, one of the nation's leading development firms, and the Schiff Companies, a 40 year-old South Florida-based developer, has purchased six shopping centers throughout the State of Florida for $73 million.
The six centers - two located in South Dade County; two in Tampa, and one each in Jupiter and Stuart- were purchased from American Capital Partners. The centers total more then 835,000 square feet of retail ...