Abrams unloads Florida retail center

Property anchored by AMC Theaters
Published on Mar 18, 2004

Abrams Industries Inc. sold Merchants Crossing Shopping Center in North Fort Myers, Fla. The value of the transaction was $21.8 million. The center, developed and constructed by the company in the early 1990s, is co-anchored by AMC, Beall's, Jo-Ann Fabrics and Kmart. The sale did not include any of the company's adjacent land holdings. Abrams Industries, operating nationwide through its wholly owned subsidiaries, provides a variety of energy management and construction services to building owners and operators and engages in commercial real estate investment and development. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....