Core Investment Management acquires Jacaranda Plaza from Epic Real Estate Partners

MIAMI, Dec. 8, 2025 –  JLL Capital Markets announced today the sale and financing of Jacaranda Plaza, a dominant Publix-anchored neighborhood shopping center totaling 175,084 square feet in Plantation, Florida.

JLL worked on behalf of the seller, a joint venture between Epic Real Estate Partners and Heitman, with Core Investment Management acquiring the asset. Working on behalf of the new owner, JLL also arranged the acquisition loan through U.S. Bank.

Jacaranda Plaza occupies a premier location at the intersection of West Sunrise Boulevard and North University Drive with combined daily traffic counts of 95,000 vehicles and immediate access to Interstate 595, Interstate 95, Interstate 75 and Florida's Turnpike. Located in an established, high-income suburban enclave in the heart of Broward County, the property serves a densely populated trade area of 191,750 residents within three miles.

Currently 97.9% leased, the shopping center features a strong mix of national and regional retailers anchored by Publix, which has maintained a 25-year tenure at the property. Additional major tenants include Ross Dress for Less, Five Below, Planet Fitness and Dollar Tree.

The JLL Investment Sales and Advisory team was led by Senior Managing Director Danny Finkle, Senior Director Jorge Portela and Analyst Evan Lahr.

The JLL Debt Advisory team was led by Senior Managing Directors Chris Drew and Brian Gaswirth, along with Analyst Luke Maganas.

"Jacaranda Plaza represented a compelling investment opportunity to acquire a high-volume Publix-anchored neighborhood shopping center in a dense South Florida location with proven existing tenancy and long-term embedded upside through mark-to-market lease opportunities," said Finkle. "Positioned among Broward County's leading retail nodes with exceptional demand drivers including major employers and substantial residential development, Jacaranda Plaza benefits strong demographics and limited supply, which positions the asset for long-term success."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Headquartered in Austin, Texas, Epic Real Estate Partners buys in top 40 non-gateway markets, select college towns and resort communities and markets with unique economic drivers, providing its institutional partners with exceptional risk-adjusted returns. Founded in 2012 by three veterans of the retail institutional real estate sector with more than 80 years of experience between them, Epic’s internal operational and management capabilities, along with extensive capital markets and investment management expertise, provide a competitive advantage in its chosen area of focus.

Heitman is a global real estate investment management firm with $48 billion in assets under management as of September 30, 2025. Founded in 1966, Heitman has10 offices worldwide and are an active participant in three key segments of the global real estate property and capital markets.

Core is a private investor specializing in retail properties across Florida’s primary MSA markets. Along with its four principals, the company owns and actively manages approximately 2 million square feet of assets throughout the state, with the largest concentration in Orlando. CORE focuses on experience-oriented properties with stable cash flow and significant growth potential through active management, leveraging its expertise and network to focus on high quality retail value-add opportunities.