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| Pembroke Corners, 17201 Pines Boulevard, Pembroke Pines, FL |
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| Lori Schneider |
PEMBROKE PINES, FL, Oct. 14, 2013 – Marcus & Millichap
Real Estate Investment Services, the nation’s largest real estate investment
services firm, has announced the sale of Pembroke Corners, a
30,007-square foot shopping center located in Pembroke Pines, FL. The asset
sold for $6,400,000.
Lori Schneider, a Senior Vice President Investments
in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive listing to
market the property on behalf of the seller, a developer from Tampa, FL.
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| Kirk D. Olson |
The buyer was secured and represented by Kirk D. Olson
and Drew A. Kristol, Vice President Investments in Marcus &
Millichap’s Miami office.
Pembroke Corners is a 30,007-square foot shopping center on
approximately four acres in Pembroke Pines, a western suburb of Fort
Lauderdale, Florida.
“The property has an
interesting blend of three national credit tenants. Buyer interest for this property came predominantly from a pool
of small private investors from across the country. Ultimately, the buyer was a partnership between a local investor
and his South American co-investors,” says Schneider.
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| Drew A. Kristol |
“The historically stable property is 100 percent occupied
with tenants that include CVS, Tire Kingdom and Goodyear, among others.
Pembroke Corners is located at 17201 Pines Boulevard in
Pembroke Pines, FL.
For a complete copy of the company’s news release, please
contact:
Gregory Matus
Regional Manager
Vice President
Fort Lauderdale, FL
(954) 245-3400
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