CORE Reveals Purchase of Cortez Plaza in Bradenton, FL

ORLANDO, Fla., September 15, 2025–(BUSINESS WIRE)–CORE Investment Management, a Miami-based firm focused on retail properties in Florida, has successfully acquired Cortez Plaza, a prominent 260,000-square-foot retail center featuring LA Fitness and Sprouts in the Sarasota/Bradenton submarket.

This strategic acquisition aligns with CORE’s objective to enhance its footprint in Florida’s key markets, effectively doubling its presence in the state’s west coast. Adam Greenberg, Managing Principal, stated, “This purchase is in-line with our focus on value-add opportunities at key markets with strong in-place yields.”

Cortez Plaza is situated at a high-traffic intersection of US-41 and Cortez Boulevard, where over 100,000 vehicles pass daily. It is anchored by long-term leases with major brands including LA Fitness, Sprouts, and Burlington, and features outparcels that include well-known establishments like Chick-fil-A and Starbucks. Additionally, the site is witnessing a resurgence with plans to redevelop the former DeSoto Square Mall area into residential projects, with two already underway.

CORE’s portfolio in Florida encompasses over 20 high-quality retail centers spanning major cities such as Orlando, Miami, Jacksonville, and Sarasota.

Based in Miami, CORE, alongside affiliates like CPG Leasing & Management, specializes in acquiring and managing value-add retail properties with a long-term investment strategy.

For additional information about CORE and its portfolio, please visit www.coreIPF.com

About CORE:

CORE is a specialized investor in retail properties within Florida’s main MSA markets. Together with its principals, the firm owns and manages approximately 2 million square feet of assets, predominantly in Orlando. CORE prioritizes experience-driven properties that yield stable cash flow and show growth potential through diligent management, leveraging extensive expertise to seek high-quality retail opportunities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250915836450/en/

Contacts

Media Contact:
Michael Lapointe
Managing Principal
mlapointe@coreipf.com
305.710.3353

Key Information

• Date: September 15, 2025
• Location: Cortez Plaza, Sarasota/Bradenton submarket, Florida
• Size: 260,000 square feet
• Anchors: LA Fitness, Sprouts, Burlington
• Traffic Count: Over 100,000 vehicles daily
• Portfolio: Over 20 retail centers across Florida
• Contact: Michael Lapointe, mlapointe@coreipf.com, 305.710.3353