Sunday, December 9, 2012

Marcus & Millichap Sells Riviera Beach, FL Winn-Dixie for $7,378,500



Winn-Dixie, Rivera Beach, FL
 RIVIERA BEACH, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Winn-Dixie, a 45,973-square foot grocery store located in Riviera Beach, FL. The asset commanded a sales price of $7,378,500.

Vice President Investments Douglas K. Mandel and investment associate Howard Bregman in Marcus & Millichap’s Ft. Lauderdale office, exclusively represented the seller, a limited liability company from Miami Beach, FL.

Howard Bregman
The buyer, a limited liability company from Miami, was secured and represented by Gabriel Britti, Senior Associate in Marcus & Millichap’s Miami office. 

Winn-Dixie occupies the entire property under a 20-year lease which expires July 13, 2024, and has six additional five-year options to extend.  Winn-Dixie is located at 3700 Broadway in Riviera Beach.

 Press Contact:

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

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