Phoenix, Arizona-based CIM Group sold the Deltona Commons shopping center for a reported $8 million to Global Fund Investments of Miami in late October. Like many properties driving recent retail activity in Florida's Daytona Beach market, the retail strip center is anchored by a national grocer and counts service and discount retailers among its tenants.
Sale of Deltona Commons Pushes Daytona Beach Retail Volume Above Long-Term Average
CoStar Insight: Year to Date Retail Transactions Top $170 Million
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