Investcorp Real Estate Group recently sold Cypress Point Shopping Center, a 166,933-square-foot retail property in Clearwater, Fla., for an undisclosed amount.

Ramco-Gershenson Properties Trust purchased the property, which was 97 percent occupied at the time of sale and includes anchor tenants Burlington Coat Factory and Fresh Markets. It is located along U.S. Highway 19 North, the primary north-south commercial roadway in Pinellas County.

New York-based Investcorp acquired Cypress Point in November 2004, according to a press statement.

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
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription