Coral Springs shopping center sells for almost $54 million, records show
J.P. Morgan is the new owner of Shoppes at Heron Lakes in Coral Springs.
Heron Lakes Realty Company, part of J.P. Morgan’s Real Estate Income Trust Operating Partnership, purchased the 145,000-square-foot property for $53.675 million, or $369 per square foot — roughly $20 million more than its most recent appraisal value.
The property’s tenants include:
- Saiko-i Sushi Lounge and Hibachi
- Lefty’s Tavern
- The Fish Joint
- Pal’ Rancho
- Pasquale & Sons’ Pizza Company
- Coral Springs Fooderie Market
- Omega Women’s Care
- Battisti Orthodontics
- Heron Lakes Animal Hospital
- Crunch Fitness
- Soref & Soref Jewish Community Center
The Coral Springs News reached out to J.P. Morgan representatives for comment on Nov. 7 but did not immediately hear back.
This sale comes on the heels of several other shopping centers in Coral Springs changing hands, including the Esplanade Medical Center near the Coral Square Mall. The property also sold for well above its assessed value.
This story was originally published November 7, 2025 at 12:11 PM.
