Monarch Town Center Update 11/01/22

PGIM Real Estate Acquires Monarch Town Center For $61.5M

Stiles Corporation recently sold the 22.5-acre retail site for $61.5 million to PGIM Real Estate which is four times what they purchased it for in 2018. Monarch Town Center is a 160,000-square-foot retail center originally built in 2021 and is anchored by Publix, with Ross Dress for Less and Popeyes as other tenants.

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