JBL Asset Management acquired Horizon Village shopping center from Ramco-Gershenson Properties Trust (NYSE:RPT) for $9.3 million on December 23, 2015. Ramco-Gershenson Properties Trust also sold its ownership interests in Cocoa Commons shopping center and Chester Springs shopping center during the fourth quarter of 2015. The combined deal value of all the transactions is approximately $32.1 million. Kyle Stonis and Pierce Mayson of SRS Real Estate Partners' Southeast Investment Sales team, Atlanta office brokered the sale and represented Ramco-Gershenson Properties. JBL Asset Management was self-represented in the transaction.

JBL Asset Management completed the acquisition of Horizon Village Shopping Center from Ramco-Gershenson Properties Trust (NYSE:RPT) on December 23, 2015.