Marcus & Millichap Arranges $13.7 Million Sale of Three-Property Retail Portfolio in Metro St. Petersburg, Florida

Marcus & Millichap Arranges $13.7 Million Sale of Three-Property Retail Portfolio in Metro St. Petersburg, Florida

Pinellas Park and Largo, Fla. — Marcus & Millichap has arranged the $13.7 million sale of a three-property retail portfolio totaling 22,631 square feet located outside St. Petersburg in Pinellas Park and Largo. Gabriel Britti, Ronnie Issenberg and Jonathan Gerszberg of Marcus & Millichap represented the seller, an undisclosed local developer, and the buyer, a limited […]

Marcus & Millichap Brokers $16M Sale of Retail Property in Miami Net-Leased to CVS

Marcus & Millichap Brokers $16M Sale of Retail Property in Miami Net-Leased to CVS

MIAMI — Marcus & Millichap has brokered the $16 million sale of a freestanding CVS/pharmacy-occupied retail property located in Miami. The 14,989-square-foot building is situated on a 2.4-acre parcel, a portion of which is subleased to Wendy’s. Ronnie Issenberg, Gabriel Britti, Ricardo Esteves and Kevin O’Hanlon of Marcus & Millichap represented the sellers, an entity […]

Just Closed! Checkers Drive Thru Restaurant in Pompano Beach, Florida

Just Closed! Checkers Drive Thru Restaurant in Pompano Beach, Florida

Investment Highlights: ■ Checkers Restaurant Drive In with Corporate Guaranteed Lease ■ Excellent Exposure: Traffic Counts Exceeding 56,500 Vehicles Per Day ■ Pompano Beach is Centrally Located Between Miami and Palm Beach County (33 Miles from Each) ■ Dense Population: More than 19,000 People in a 1-Mile Radius and 320,000 People in a 5-Mile Radius […]

Steps away from Ocean Drive, Walgreens property in Miami Beach sells for $33 million

Steps away from Ocean Drive, Walgreens property in Miami Beach sells for $33 million

A high-profile property on the corner of Collins Avenue and Fifth Streets in Miami Beach has sold for $33 million, just slightly above its 2014 sales price, according to brokerage Marcus & Millichap. The seller, D & R Design District LLC, registered under real estate investor Sam Herzberg, purchased the commercial property at 509 Collins Ave. for […]

Consolidated Tomoka Sells CVS in Downtown Dallas Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor.

Consolidated Tomoka Sells CVS in Downtown Dallas Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor.

Consolidated Tomoka has sold a 10,430-square-foot CVS Pharmacy in downtown Dallas. Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor. Delivered in 2016, the property is immediately adjacent to three residential high-rises. Located at 2501 N. Field St., the pharmacy is less than 4 miles away from Children’s Medical Center […]