Reported Sep 16, 2026 · Source: REBusiness Online
Promenade Shopping Plaza is a retail sale in Palm Beach Island / Palm Beach Gardens / Wellington, Miami. Other details we have: buyer Mount Vernon Co.; seller Nuveen Real Estate; price $67M (per South Florida Business Journal; not disclosed in release); size 207,877 SF. REBusiness Online reports: “PALM BEACH GARDENS, FLA. — Nuveen Real Estate has sold Promenade Shopping Plaza, a 207,877-square-foot shopping center located in Palm Beach Gardens.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at REBusiness Online. What the article says:
PALM BEACH GARDENS, FLA. — Nuveen Real Estate has sold Promenade Shopping Plaza, a 207,877-square-foot shopping center located in Palm Beach Gardens. Boston-based Mount Vernon Co. purchased the Publix-anchored center. Danny Finkle, Jorge Portela and Kim Flores of JLL represented Nuveen in the transaction. The sales price was not disclosed, but South Florida Business Journal reports that the shopping center traded for $67 million. Promenade was originally developed in 1989 and renovated in May 2025. The property was 98 percent leased at the time of sale to tenants including Planet Fitness, Bealls Outlet, Goodwill and Ace Hardware, as well as professional services and medical tenants.
PALM BEACH GARDENS, FLA. — Nuveen Real Estate has sold Promenade Shopping Plaza, a 207,877-square-foot shopping center located in Palm Beach Gardens.
Article date: 2026-09-16T14:38:19+00:00
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