Starwood Property Trust Sells Westlake Shopping Center For M

Starwood's Barry Sternlicht with 5060 Seminole Pratt Whitney Road (Katz & Associates) Barry Sternlicht's Starwood Property Trust is the latest land...

September 24, 2022
6:36 AM

Starwood's Barry Sternlicht with 5060 Seminole Pratt Whitney Road (Katz & Associates) Barry Sternlicht's Starwood Property Trust is the latest landlord to cash out of a grocery store-anchored shopping center in South Florida. An affiliate of Starwood, based in Miami Beach and Greenwich, Connecticut, sold Grove Market, a 77,000-square-foot shopping center at 5060 Seminole Pratt Whitney Road in Westlake, for $19.5 million, records show. The deal breaks down to about $253 a square foot. A consortium of four entities managed by three different individuals bought the 8.

Shea Monahan