Friday, October 5, 2012

Marcus & Millichap Sells 26,164-SF Shopping Center in Coral Springs, FL for $2.85 Million




Coral Springs Plaza
 CORAL SPRINGS, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Coral Springs Plaza, a 26,184-square-foot shopping center located in Coral Springs, FL, according to Gregory Matus, Vice President/Regional Manager of the firm’s Ft. Lauderdale office. The asset commanded a sales price of $2,855,000.

Vice President Investments Barry M. Wolfe in Marcus & Millichap’s Ft. Lauderdale office had the exclusive listing to market the property on behalf of the seller, an individual/personal trust from Pembroke Pines, FL.

Barry M. Wolfe
“Since its development, the plaza has benefited from a strong base of local tenants - many of whom have run their businesses in the center for an extended number of years. As an example, six of the tenants have been in the plaza in excess of ten years,” says Wolfe.   Tenants include: LaSpada’s Original Hoagies and various local retailers.

Coral Springs Plaza is located at 7891 West Sample Road.

Press Contact:

Gregory Matus
Regional Manager / Vice President, Ft. Lauderdale
(954) 245-3400

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