Investor reaps $14.7 million in sale of 62,000 sq. ft. Matawan retail center, Marcus says

Marcus & Millichap Brokers $14.7 Million Sale of Retail Center in Central New Jersey

Matawan, N.J. — Marcus & Millichap has brokered the $14.7 million sale of Park Plaza, a 61,750-square-foot retail center located in Matawan, approximately 40 miles south of Manhattan. Built in 1986,… The post Marcus & Millichap Brokers $14.7 Million Sale of Retail Center in Central New Jersey appeared first on Shopping Center Business.

Marcus & Millichap Brokers Sale of 17,107 SF Retail Strip Center in Flower Mound, Texas

FLOWER MOUND, TEXAS — Marcus & Millichap has brokered the sale of Long Prairie Plaza, a 17,107-square-foot retail strip center in Flower Mound, located in the northern-central part of the metroplex. Built in 2022, the center was fully leased at the time of sale to tenants such as Active Dental, Teacupfuls, Fiore Nail Bar, Cold Stone Creamery, JDX Blinds, Zelena Head Spa, Degree Wellness and Donatos Pizza. Philip Levy and Chris Gainey of Marcus &…

Investor reaps $14.7 million in sale of 62,000 sq. ft. Matawan retail center, Marcus says

Park Plaza at 343-351 Route 34 in Matawan — Courtesy: Marcus & Millichap By Joshua Burd A private investor has sold a nearly 62,000-square-foot retail center in Matawan for $14.67 million, in a newly announced deal by Marcus & Millichap. According to the listing team, the property at 343-351 Route 34 contains 20 suites with a diverse mix of dining, lifestyle, retail and service-oriented tenants, including a Dunkin’ with a drive-thru. Those users…