June 10, 2015

Polo Grounds Mall Sold

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of Polo Grounds Mall (the “Property”) on June 10, 2015 to Tampa, FL based Forge Capital Partners. An affiliate of Atlantic Creek and its joint venture operating partner acquired the property in June 2012 and sold it after an approximate 36-month investment period.

The property is located in a primary retail corridor in West Palm Beach, Palm Beach County, FL, on the northeast corner of Military Trail and Summit Boulevard. It is a multi-tenant, Publix grocer-anchored shopping center totaling approximately 129,826 rentable square feet.

Atlantic Creek, with offices in New York, NY, Palm Beach, FL, and Los Angeles, CA, targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate primarily located on the East and West Coasts of the U.S., Texas and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Joshua Schwalbe, Senior Vice President, in our New York, NY office at (212) 381-7617 or Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.