JLL announces that it has closed the $62.7 million sale of the Grove at Wesley Chapel, a 471,279 square foot, large format community retail center. The property also includes an additional ±114 acres of land for development in the Tampa-area community of Wesley Chapel, Florida. JLL marketed the property on behalf of institutional clients managed by Barings, one of the world’s largest real estate investment managers. Mishorim-Gold Properties purchased the asset. ...

WESLEY CHAPEL - A partnership that includes a public company traded on the Tel Aviv Stock Exchange has bought the Grove at Wesley Chapel, a large community shopping center with several major retailers, for $62.7 million. The sale included the 471,279-square-foot center at the intersection of Interstate 75 and Wesley Chapel Road plus 114 additional acres suitable for development....

The Lynnhaven North Shopping Center is receiving more than just a facelift. Coming with the upgraded landscaping, a paint job, and new lights: A whole lotta fun. Over the past few months, the shopping center's new owner, Mishorim Gold Properties, has pulled in 17 new tenants.  The largest two will be SK8 House and Surge Adventure Park, which also has a location in Newport News. SK8 House, at 27,000 square feet, will include two skating rinks, three food vendors, a brewery with a wine room and tap bar, an e-game center with 20 computers, plus an arcade, jungle gym, and party rooms. The vendors will serve jelly balls, rolled ice cream, pizza, burgers, fried ...

When Mark Gold bought the Lynnhaven North shopping center in Virginia Beach three months ago, it was half empty. Now he's leased out about 85 percent of it with restaurants, fitness facilities, clothing stores and, a barber academy. Gold's strategy is to purchase shopping centers with high vacancy and turn them around with renovations and new tenants in just a few months.   ...

Lynnhaven North, a shopping center next to one of the region's largest shopping malls, is under new ownership. Richmond-based Mishorim Gold Properties recently bought the Virginia Beach center. It's investing $9.2 million in renovations and upgrades to the property, which was bank owned. ...

Regency Court Shopping Center, where a trampoline park, ax-throwing venue and haunted house are under interior construction, is in line for a skate park. Terry Harris represents Sk8CityJax, which wants to open a 29,700-square-foot roller rink at 9244 Arlington Expressway.   ...

Investor Mark Gold Thinks Antioch's boom is here to stay. His Skyline investments Inc. Paid $12.6 million this month for the Shoppers at Hickory Hollow retail Strip. It's an aged brown-brick center anchored by Kroger near the Bell road Exit of Interstate 24. ...

Mishorim USA Partner Mark Gold is eager to lease the Regency Court Shopping Center in Arlington and intends to fill the former Office Depot space with the Family Fun Zone. He and Family Fun Zone operators Valeriya and Yekaterina Berezanskaya expect the entertainment center will open within a few months.They said the 30,000-square-foot center will offer an arcade, party rooms, a laser zone, indoor glow-in-the-dark mini-golf, electric go-karts, bumper cars, and indoor playground and more catering to children ages 2 to 12. There also will be a parents’ lounge with sofas, TVs and cameras into the venue.         ...

An out-of-state investor has big plans for one of the largest shopping centers in Denbigh — and he might not be done. Mark Gold, who recently purchased the Denbigh Village Shopping Center near the intersection of Warwick and Denbigh boulevards, said he plans to transform the 341,000-square-foot retail center into a more modern property full of new shops and restaurants. "There is no place in the U.S. where you can find a shopping center where 96,000 cars pass daily and there is so much vacancy," Gold said of Denbigh Village. ...