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BRIEF-HCI Group acquires shopping center for $12.3 mln

Sept 15 HCI Group Inc

* HCI Group real estate division acquires new shopping center

* Expects to realize a one-time gain of approximately $2.0 million ($1.3 million net of tax) as a result of purchase

* "More additions, including one grocery anchored project and one retail ground lease project, are in pipeline."

* Greenleaf financed acquisition with a $9 million term loan bearing an annual interest rate of 3.75% and paid remainder in cash

* Deal for $12.3 million Source text for Eikon: Further company coverage:

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