HAVANA (TALLAHASSEE MSA), FLA., Aug/ 23, 2011 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Green Acres Shopping Center, a 35,416-square foot grocery anchored shopping center located in Havana, Fla., according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office.
The sales price of $1,550,000 represents $44 per square foot.
Leon Brockmeier (top right photo) and Patrick O’Halloran, retail specialists in the firm’s Tampa and Atlanta offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company based out of Tallahassee, Florida.
Vice president investments Evan Halkias and Michael Marks in the Chicago Downtown office of Marcus & Millichap represented the Indiana-based buyer.
Green Acres Shopping Center was built in 1985 and is located in the heart of Havana at 801 North Main Street (US Highway 27). The town of Havana was incorporated in 1906 and used to be a major growing area for tobacco crops used in fine cigars. It is now known for its many historical landmarks, antique shops, art galleries and specialty shops.
“The shopping center is anchored by Harveys Supermarket and Family Dollar,” says Brockmeier.
“The center is the only grocer in the town of Havana, which is located about 20 minutes northwest of Tallahassee, Florida. Due to the stability of the two main tenants, we were able to obtain multiple offers very quickly and close with a proven buyer,” adds Brockmeier.
Press Contact: Bryn D. Merrey, Vice President/Regional Manager, Tampa,
(813) 387-4700
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