Ocala shopping center sold for $42 million

The same company that sold the Paddock Mall for $54.9 million earlier this year just sold another shopping center in Ocala for over $42 million.

Gaitway Plaza, which is located at 2701 SW College Road in southwest Ocala, was just sold by Gaitway Fee Owner, LLC, for $42,250,000 to Next Ocala, LLC.

According to state corporate records, Next Ocala, LLC, is owned by Next Realty, a commercial real estate agency based in Skokie, Illinois. That company created a Next Realty Fund XI, LP, last year and this was the first acquisition under that umbrella…

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