Wednesday, June 4, 2014

$15.75 Million Retail and Office Plaza Hits the Market in Delray Beach, FL

  
Linton International Plaza, Delray Beach, FL

 DELRAY BEACH, 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 Linton International Plaza, a five-building, 85,383-square-foot retail and office plaza in Delray Beach, Fla. The listing price is $15,750,000.

            Douglas K. Mandel, a first vice president investments in Marcus & Millichap’s Fort Lauderdale office, is representing the seller.

            “Linton International Plaza is located along the rapidly growing Linton corridor with proximity to several new retail projects including Delray Village Shoppes and Delray Place, which is anchored by Trader Joe’s,” says Mandel.

Douglas K. Mandel
“Linton Boulevard is one of the hottest retail corridors in Palm Beach County and home to some of the most coveted brands, such as Fresh Market, Publix, Sports Authority, Starbucks, Chipotle, PetSmart, Home Depot, Target, Staples and Mercedes Benz.”

            Linton International Plaza has two buildings on its east side and three on its west side. 

The east side structures are 660 Linton Blvd., which features ground floor retail space, second floor office space and tenants that include Subway, Palm Beach Gym and Miller Physical Therapy; and 710 Linton Blvd., a semi-detached, single-story restaurant occupied by the Grand Tavern eatery and sports bar. 

On the west side, the structures are 800 Linton Blvd., a stand-alone outparcel occupied by a Pet Supplies “Plus,” which is on a 20-year lease that ends in 2023; 900 Linton Blvd., a two-story office building and 950 Linton Blvd., a stand-alone Pollo Tropical restaurant.


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

Gina Relva
Public Relations Manager
(925) 953-1716


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