Marcus & Millichap Brokers Sale of 135,049 SF Shopping Center in Palm Bay, Florida

Marcus & Millichap Brokers Sale of 135,049-Square-Foot Retail Center in Palm Bay, Florida

Palm Bay, Fla. — Marcus & Millichap has brokered the sale of Palm Bay Center, a 135,049-square-foot retail center located along Florida’s Space Coast in Palm Bay. Publix anchors the… The post Marcus & Millichap Brokers Sale of 135,049-Square-Foot Retail Center in Palm Bay, Florida appeared first on Shopping Center Business.

Marcus & Millichap Brokers Sale of 135,049 SF Shopping Center in Palm Bay, Florida

PALM BAY, FLA. — Marcus & Millichap has brokered the sale of Palm Bay Center, a 135,049-square-foot shopping center located on 12.3 acres at 4707 Babcock St. NE in Palm Bay, a coastal Florida city in Brevard County. The center’s anchor, Publix, has operated at its store since 1978 and has recently extended its lease through 2030. The buyer has agreed to construct a brand-new store for Publix as part of the transaction. Tarek Chbeir of Marcus & M…