Press Releases

North Port Shopping Center Sells for $10.82M

North Port Shopping Center Sells for $10.82M

October 23, 2025 – Business Observer Florida A fully occupied shopping center off U.S. 41 in North Port has changed hands. A Seattle investor purchased North Port Village for $10.82 million, according to commercial real estate brokerage Marcus & Millichap, which represented the buyer and seller. A South Florida real estate investment firm is the […]

Marcus & Millichap Brokers $10.82M Sale of North Port Village Retail Center

Marcus & Millichap Brokers $10.82M Sale of North Port Village Retail Center

October 22, 2025 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 North Port Village, a fully occupied, 66,083-square-foot retail center in North Port, Florida. The property sold for $10,820,000. “The sellers of North Port Village recently completed […]

Broward Retail Center Gains in Value with $25 Million Sale

Broward Retail Center Gains in Value with $25 Million Sale

October 1, 2025 The Palm Square retail center in Pembroke Pines sold for $25 million, gaining in value from its last trade. Galium Palm Square LLC, part of North Miami Beach-based Galium Capital, sold the 77,621-square-foot shopping center at 9801-9965 Pines Blvd. to JBL Asset Management, a Hollywood-based retail center owner led by Jacob Khotoveli. […]

Marcus & Millichap Arranges $6.85 Million Sale of Retail Strip in Broward County

Marcus & Millichap Arranges $6.85 Million Sale of Retail Strip in Broward County

August 25, 2025 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 Davie Plaza, a 22,517-square-foot retail strip in Davie, Florida, for $6,850,000. “Davie Plaza sits on a high-traffic hard corner in a dense and growing Davie commercial […]

Marcus & Millichap Brokers $2.23M Sale of Vacant Retail Property in Miami Beach’s Normandy Fountain District

Marcus & Millichap Brokers $2.23M Sale of Vacant Retail Property in Miami Beach’s Normandy Fountain District

June 24, 2025 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 a vacant 3,018-square-foot retail and restaurant property in Miami Beach, Florida, for $2,225,000. The property was formerly occupied by Chase Bank. “1025 71st Street has incredible […]

Marcus & Millichap Facilitates Sale of Leased Retail Condo Beneath Luxury Residences in Coconut Grove

Marcus & Millichap Facilitates Sale of Leased Retail Condo Beneath Luxury Residences in Coconut Grove

June 12, 2025 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 newly constructed, 3,281-square-foot Jetset Pilates retail condominium in Miami, Florida, for $3.41 million. Drew A. Kristol and Kirk Olson, both Senior Managing Directors in Marcus & […]

Broward commercial center sold for $16M

Broward commercial center sold for $16M

July 9, 2025 – South Florida Business Journal Sheridan Village, a self-storage and retail center in Pembroke Pines, was sold for $15.53 million. Sheridan Real Estate Group, managed by Nelson Fernandez of Davie-based ANF Group, sold the 77,990-square-foot property at 16602 to 16660 Sheridan Street to Sheridan Village AP, managed by Andrew Perkins, who has […]

Investor Buys Shopping Plaza, Self-Storage in Pembroke Pines for $16M

Investor Buys Shopping Plaza, Self-Storage in Pembroke Pines for $16M

July 9, 2025 Commercial real estate investor Andrew Perkins bought a shopping plaza and self-storage property in Pembroke Pines for $15.5 million. Perkins Realty Management purchased the 64,300-square-foot Sheridan Village Center at 16602-16660 Sheridan Street, according to the broker’s news release. The selling entity, Sheridan Real Estate Group, led by Nelson Fernandez, developed the retail […]

Palm Beach County retail center sold for large gain to public company

Palm Beach County retail center sold for large gain to public company

May 22, 2025 Phillips Edison & Co. (NASDAQ: PECO) acquired the Cross Creek Center shopping complex in Boynton Beach for $16.35 million. Cross Creek Boynton LLC, led by Michael Janoura of Boynton Beach-based Janoura Realty, sold the 37,201-square-foot retail center at 1301 W. Boynton Beach Blvd. to Boynton Beach Station LLC, a subsidiary of Cincinnati, […]

Wesley Chapel shopping center sells for $30 million

Wesley Chapel shopping center sells for $30 million

A Wesley Chapel shopping center has sold to a South Florida buyer for$30 million. Village Market at Wesley Chapel comprises a 98,547-square-foot shopping center and vefreestanding, net-leased buildings on over 16 acres. It is anchored by Crunch Fitness, whichoccupies over 30,530 square feet in the center. Kirk Olson and Drew Kristol of Marcus and Millichap’s […]