Equity One Inc., an owner, developer and operator of shopping centers, said it has entered into an agreement to sell 36 properties for $473.1 million to Blackstone Real Estate Partners VII. These assets, comprising approximately 3.9 million square feet, were encumbered by mortgage loans with an aggregate principal balance of about $177.4 million as of June 30.

Among 14 Florida properties, several are located in the Tampa Bay market. These include Bay Pointe Plaza, St. Petersburg; Carrollwood Center, Tampa; Dolphin Village, St. Pete Beach; Ross Plaza, Tampa; and Chelsea Place, New Port Richey.

The deal is expected to close by the end of the year.