Marshalls center in west Boca goes for big money


Sports Authority, Macy’s and even Wal-Mart are closing stores. No matter. Retail centers are still fetching top dollar, as shown by the $54 million sale of two properties at Glades Road and Florida’s Turnpike west of Boca Raton.

Edens, a South Carolina-based owner of shopping centers, paid $40.5 million for the 167,535-square-foot shopping center at 8180 Glades Road, according to a deed made public Thursday. Marshalls is among the tenants.

Edens also paid $13.5 million for a 97-room Holiday Inn Express at 8144 Glades Road. The seller is Ocean Properties of Delray Beach.

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