Marcus & Millichap Announces $5.125M Sale of Fund Jacksonville Retail Property
May 14, 2024
May 14, 2024
JACKSONVILLE, Florida, May 14 -- Marcus and Millichap issued the following news release on May 13, 2024:
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 Dunn Ave Plaza, a 42,570-square-foot retail property, in Jacksonville, Florida, for $5,125,000.
"This was a unique retail asset with 67% occupancy and an in-place cap rate of . . .
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 Dunn Ave Plaza, a 42,570-square-foot retail property, in Jacksonville, Florida, for $5,125,000.
"This was a unique retail asset with 67% occupancy and an in-place cap rate of . . .