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| Plaza del Mar, Fort Lauderdale, FL |
FORT LAUDERDALE, FL – Marcus & Millichap (NYSE: MMI), a
leading commercial real estate investment services firm with offices throughout
the United States and Canada, announced that it is the exclusive advisor
presenting for sale Plaza Del Mar, a 32,079-square-foot shopping center
in Fort Lauderdale.
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| Douglas K. Mandel |
The listing price is $14.8 million. Douglas K. Mandel,
a first vice president investments in Marcus & Millichap’s Fort Lauderdale
office, is representing the seller.
“Plaza
Del Mar is ideally located along U.S. Route 1 in Fort Lauderdale,” says Mandel.
“This offering is an excellent opportunity for an investor to acquire a
top-quality asset in a high-barrier-to-entry market.”
Constructed in 1984 and renovated in 2011, the center is currently 84
percent leased to a variety of local and national retailers and restaurants.
Tenants include Lime Fresh Mexican Grill, Jimmy John’s, Joe’s Crab Shack, Sally
Beauty Supply and MetroPCS.
For a complete copy of the company’s news release, please
contact:
Gina Relva
Public Relations Manager
(925) 953-1716
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