CORE Unveils 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, has successfully acquired Cortez Plaza, a retail center measuring 260,000 square feet. The center, prominently featuring LA Fitness and Sprouts, is situated in the Sarasota/Bradenton submarket of Florida.

This acquisition is part of CORE’s ongoing strategy to expand in key Florida markets, significantly increasing their footprint on the west coast of Florida. “This purchase aligns with our emphasis on value-add opportunities in markets that deliver robust in-place yields,” stated Adam Greenberg, Managing Principal.

Cortez Plaza is strategically located at a bustling intersection of US-41 and Cortez Boulevard, with over 100,000 vehicles passing through daily. The center boasts multiple long-term anchors, including LA Fitness and Sprouts, as well as newly developed outparcels featuring national brands such as Chick-fil-A and Starbucks. Furthermore, the area is undergoing significant redevelopment, particularly with the transformation of the former 52-acre DeSoto Square Mall site into various apartment projects, with two already under construction.

CORE manages a portfolio of over 20 high-quality retail centers across major Florida markets, including Orlando, Miami, Jacksonville, and Sarasota.

Operating from Miami, CORE, along with its affiliate CPG Leasing & Management, strategically invests in retail properties in premier Florida markets, aiming for a long-term investment horizon.

For additional insights on CORE and its comprehensive portfolio, please visit www.coreIPF.com

About CORE:

CORE specializes in investing in retail properties across Florida’s primary markets. The company, governed by its four principals, actively manages a portfolio approximating 2 million square feet of assets, primarily concentrated in Orlando. By focusing on experience-oriented properties with stable cash flow, CORE seeks to maximize growth potential through proactive management and a robust network targeting high-quality retail assets.

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

• Acquisition Date: September 15, 2025
• Property Name: Cortez Plaza
• Location: Sarasota/Bradenton, Florida
• Size: 260,000 square feet
• Anchors: LA Fitness, Sprouts, Burlington
• Active Redevelopments: Former DeSoto Square Mall site into apartments
• Contact Person: Michael Lapointe, Managing Principal
• Contact Email: mlapointe@coreipf.com