TAMPA, FL, March 3, 2008--The sale of Beachway Center was announced today by Steven M. Ekovich, First Vice President and Regional Manager for the Jacksonville, Florida office of Marcus & Millichap Real Estate Investment Services.
The property sold for $1,900,000 to Mr. Trangdai Nguyen of Daikim Beachway Center, LLC, an investor based out of Orlando, Florida. Mr. Roger Harris, the seller, has owned the property since 1996. Brett Chetek and Jonathan Brackman of Marcus & Millichap’s Jacksonville office represented both parties in this transaction.
Beachway Center is a shopping center anchored by Dollar General and World Food Mart. The property was purchased for $50 per foot, which is well below replacement cost.
Beachway Center is located on Beach Blvd., a major road in Jacksonville, Florida.
CONTACT:
Steven M. Ekovich
Marcus & Millichap
(813) 387-4700
SueSampson
Brokerage Administrator/CAST
Marcus & Millichap
7650 Courtney Campbell Causeway
Suite 920
Tampa, FL. 33607
Phone: (813) 387-4700
Fax: (813) 387-4710
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