Overview
- The joint venture comprises GFO Investments, InSite Group, Atlas Hill Real Estate and Prime Finance.
- GFO and InSite will oversee redevelopment, with Mathrani’s Atlas Hill directing the retail strategy.
- The 1980s-era complex spans roughly 800,000 square feet across 32 acres near East Sunrise Boulevard.
- Macy’s remains an anchor while Dillard’s is separately owned and excluded from the deal.
- No price or budget was disclosed; CBRE represented longtime owner Keystone-Florida, which saw occupancy slide to about 67% after luxury departures.