Pine Tree Commercial expands shopping center portfolio

Northbrook, Ill. -- Pine Tree Commercial Realty announced it has acquired Loch Leven Plaza in the Orlando, Fla. suburbs, expanding Pine Tree’s portfolio to include the state of Florida.



The company purchased the Publix-anchored shopping center in Mt. Dora, Fla., on Nov. 5. Pine Tree will be handling the property management and leasing for the center.



Publix occupies 54,340 sq. ft. at the new plaza and opened last May. The center, which was completed in March, is 99% leased.