Tuesday, October 22, 2013

Marcus & Millichap Arranges Sale of South Bay Medical Arts Building in Sun City Center, FL for $3.75 Million

  
South Bay Medical Arts, 4051 Upper Creek Drive, Sun City Center, FL

SUN CITY CENTER, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of South Bay Medical Arts, a 32,123-square foot office property located in Sun City Center, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $3,750,000.

Moe Derbala
Moe Derbala, an associate in Marcus & Millichap’s Tampa office, represented the local seller, a private investor.  The buyer was also secured by Mr. Derbala and is a private investor from Sun City Center.

South Bay Medical Arts is located at 4051 Upper Creek Drive in Sun City Center, Florida.    This is a Class “A” medical office building located adjacent to South Bay Hospital in the heart of Sun City Center, which is one of America’s premier retirement communities ideally located in west-central Florida

For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager
 Tampa, FL

(813) 387-4700

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