Tampa firm snaps up bank-owned retail center in Georgia

Validus Group continues to grow its portfolio of retail properties, this time with an acquisition in Savannah, Ga. Tampa-based Validus paid $4.65 million or $35 per square foot for a bank-owned, 133,000 square-foot retail center in Savannah that’s anchored by Beall’s Outlet, Rack Room Shoes, Carter’s and Dress Barn. LNR Partners LLC was the seller…

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