Marcus & Millichap Brokers Sale of Three Lake Worth, FL Properties

LAKE WORTH, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment brokerage firm, has announced the sale of three adjacent properties, two shopping strips and an office building in Lake Worth, according to Gene A. Berman, Managing Director in the firm’s Fort Lauderdale office.

The three buildings commanded a total sales price of $1,900,000. The 5,000-square foot shopping strip located at 210 S Dixie Highway sold for $850,000, the 5,795-square foot shopping strip located at 220 S Dixie Highway sold for $650,000 and the 5,300-square foot office building located at 230 S Dixie Highway sold for $400,000.

Vice President Investments David Luther (top right photo) and Investment Specialist Justin Hopkins in the Fort Lauderdale office represented the seller, Bleeker-Grove Associates FL, LLC. The listing agents also secured the buyer, Lake Worth Plaza, LLC.

“The combination of the quality of asset, excellent location and also the potential for higher returns by bringing rents to market, made these properties a great addition to the investor’s portfolio,” says Luther.

Contact: Ashley Steele, (954) 245-3400