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| Rendering of planned WAWA store in Mount Dora, FL |
MOUNT DORA, FL, July 24, 2020 – Marcus & Millichap
(NYSE: MMI), a leading commercial real estate brokerage firm
specializing in investment sales, financing, research and advisory services,
announced today the sale of Wawa, a 6,119-square foot net-leased property
located in Mount Dora, Fla, according to Sean Beuche, Regional
Manager of the firm’s Philadelphia office.
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| Howard Levy |
The buyer,
a private partnership, was secured and represented by Howard Levy and Mark
Taylor, investment specialists in Marcus & Millichap’s King of
Prussia and Philadelphia offices with assistance from Florida District
Manager, Ryan Nee.
Wawa is located at 17700 US Hwy
441 in Mount Dora, Fla.
The transaction was somewhat complex as the
actual WAWA store has not yet been built, partially due to COVID delays, but
rent has commenced on the ground. WAWA is in the process of finalizing its
plans to build.
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| Mark Taylor |
With over 2,000 investment sales and financing professionals located
throughout the United States and Canada, Marcus & Millichap is a leading
specialist in commercial real estate investment sales, financing, research and
advisory services.
Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of approximately $50 billion.
Founded in 1971, the firm closed 9,726 transactions in 2019 with a value of approximately $50 billion.
Marcus &
Millichap has perfected a powerful system for marketing properties that
combines investment specialization, local market expertise, the industry’s most
comprehensive research, state-of-the-art technology, and
relationships with the largest pool of qualified investors.
relationships with the largest pool of qualified investors.
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| Ryan Nee |
CONTACT:
Sean Beuche
Regional
Manager
Philadelphia
(215)
531-7000
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