Todd Nepola expands South Florida shopping center portfolio with $33M buy

by Francisco Alvarado

Real estate investor Todd Nepola padded his South Florida shopping center holdings with a $33 million acquisition in Miami Gardens. An entity managed by him bought County Line Shopping Center at 21301-21495 Northwest Second Avenue, Nepola told The Real Deal via email. The 166,500-square-foot retail facility is on 15-plus acres that also includes a 16,000-square-foot vacant outparcel, which was part of the transaction, Nepola said.  “I’m currently in negotiations with two national restaurant brands to develop a new location on the site,” said Nepola, who leads Hollywood-based investment and brokerage firm Current Capital Group.  An affiliate of Schaumburg, Illinois-based RMS […]This article originally appeared on The Real Deal. Click here to read the full story.
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