Miami-based Saglo Development has acquired the Dunn Village retail shopping center in Jacksonville for an undisclosed price in Jacksonville. The 72,728 sqf facility in the northwest of the town is anchored by Family Dollar and Rowe’s IGA Supermarket. The acquisition includes 28.6 acres of land that could be developed to expand the shopping center, which rests near Interstate 295. The deal, which was financed with a mortgage from Synovus Bank, marks the firm’s 18th in Florida, bringing its total portfolio to 1.5 million sqf.
