Westfork Tower LLC, a joint venture between BlackRock Realty Advisors and Terranova Corp., has acquired Westfork Plaza, a landmark shopping center in Pembroke Pines, Fla.

The value of the transaction was $58.4 million.

The 251,783-square-foot property is located on Pines Boulevard just west of I-75.

Miami-based LNR Property Corp. sold the property.

This marks the third collaboration between BlackRock and Terranova in the last 13 months, bringing their total deal volume to over $125 million, including two office buildings, one industrial park and eight urban retail properties.


What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top