Friday, November 4, 2011

Marcus & Millichap Lists Bank United Building in Delray Beach, FL

  

DELRAY BEACH, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has secured the exclusive listing to market the 50,887-square foot Bank United Building (top left photo) in Delray Beach, Fla, according to Greg Matus, Vice President/Regional Manager of the Fort Lauderdale office.  The asset is listed for $8.9 million.

 Vice President Investments Douglas K. Mandel (bottom right photo) of Marcus & Millichap’s Fort Lauderdale office secured the listing.  He is representing the seller, a limited liability company from Delray Beach, Fla.

“This is a unique opportunity to acquire a landmark building that is conveniently positioned along West Atlantic Avenue and equidistant to Interstate 95 and the Florida Turnpike. 

The property is 93 percent leased with a diverse tenant base,” says Mandel. The Bank United Building is located at 5300 West Atlantic Avenue in Delray Beach, Fla.

Press Contact: Ashley Steele, (954) 245-3400

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