PEBB Enterprises and Banyan Development Sell Lowe’s Building to A. Duda & Sons for $10.5M

Deal Summary

PEBB Enterprises and Banyan Development completed the sale of the 134,000‑sq‑ft Lowe’s Home Improvement building at Shoppes at Southern Grove in Port St. Lucie's Tradition community to A. Duda & Sons Inc. for $10.5 million. The transaction monetizes a key component of the development while the partnership retains the remainder of the Shoppes at Southern Grove. Atlantic Retail represented the sellers and SRS Real Estate Partners represented the buyer.