ECHO Realty Purchases Pompano Plaza In Joint Venture With Publix Pompano Beach, Broward County, Florida

The acquisition of Pompano Plaza is ECHO's fifth Publix-anchored property in Florida, but its first in the southeastern part of the state.  "We are excited to expand our footprint into Broward County through the acquisition of this high-quality Publix anchored center.  In addition to the exceptional location, we were drawn to this opportunity by the anchor combination offered by Publix and complementary national anchor stores," said Thomas Karet, Chief Executive Officer of ECHO Realty.

This is ECHO's first joint venture with Publix.  Drew Gorman, ECHO's Senior Vice President of Acquisitions said, "A venture with Publix seemed like a natural fit knowing their interest in this asset and ECHO's relationships with the other national tenancy."  ECHO will be responsible for the leasing, management, and operational responsibilities for the shopping center.  

About ECHO Realty
ECHO Realty is a privately held developer, owner, and operator of commercial real estate headquartered in Pittsburgh, PA, with offices in Washington, DC and Indianapolis, IN.  ECHO's portfolio consists of 225 properties located in Mid-Atlantic, Southeast, and Midwest markets.  ECHO's services include development and construction management, property management, leasing and brokerage (operating as ECHO Retail) and partnership administration.  For more information about ECHO Realty, please visit www.echorealty.com.

SOURCE ECHO Realty

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