FORT MYERS, FL – Marcus
& Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, announced
the sale of Parkway Plaza, a 57,891
square foot industrial property located in Fort Myers, Fla., according to Ryan
Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for
$2,900,000.
 |
| C. Todd Everett |
“Parkway Plaza is an
excellent flex industrial investment opportunity with its ample acreage,
functional design, and superior distribution access in a desirable light
industrial corridor,” says Everett. “We received multiple offers and closed
just under list price at $50 per square foot.”
C. Todd Everett, a senior associate, and Douglas
K. Mandel, a senior vice president investments, both in Marcus &
Millichap’s Fort Lauderdale office, represented the seller, a limited liability
company from Tampa, Fla., and the buyer, a private investor from Palm Beach,
Fla.
Parkway Plaza is a 57,891
square foot, three-building office/flex plaza occupied by a variety of tenants
including LifeTouch, Burch Corporation and Omnicare. The property also includes
a land parcel approved for an 18,835-square foot flex building.
The three buildings were
constructed between 1986 and 1990 and recently underwent substantial renovation
including roof replacement/resealing, exterior painting, and unit interior and
air-conditioning upgrades.
Parkway Plaza is located
at 10231 Metro Parkway, just south of Colonial Boulevard between U.S. 41 and
Interstate 75
For a complete copy of the company’s news release,
please contact:
Ryan Nee
Regional Manager
Fort Lauderdale, FL
(954) 245-3400
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