Marcus & Millichap completes $11.35M sale of Lawrenceville retail center

Marcus & Millichap Arranges Sale of 53,077-Square-Foot Retail Center in Metro Philadelphia for $11.4 Million

Lawrenceville, N.J. — Marcus & Millichap has arranged the $11.4 million sale of Village Square Plaza, a 53,077-square-foot retail center located in Lawrenceville, roughly 40 miles northeast of Philadelphia. First… The post Marcus & Millichap Arranges Sale of 53,077-Square-Foot Retail Center in Metro Philadelphia for $11.4 Million appeared first on Shopping Center Business.

Investor buys 53,000 sq. ft. Lawrenceville retail center for $11.4 million, Marcus says – Real Estate NJ

Village Square Plaza at 510-590 Lawrence Square Blvd. in Lawrenceville — Courtesy: Marcus & Millichap By Joshua Burd More than 53,000 square feet of retail space in Lawrence Township has changed hands for $11.35 million, in a newly announced deal by Marcus & Millichap. Brokers with the firm represented an undisclosed seller in the transaction at 510-590 Lawrence Square Blvd., the site of a two-building property in the township’s Lawrenceville se…

Marcus & Millichap completes $11.35M sale of Lawrenceville retail center

Commercial real estate brokerage firm Marcus & Millichap announced the sale Oct. 8 of Village Square Plaza, a two-building, 53,077-square-foot retail center at 510-590 Lawrence Square Blvd. in Lawrenceville for $11.35 million.   “These types of neighborhood centers with mostly service, food and medical uses are exactly what most investors are looking for these days,” said Alan Cafiero, senior managing director investments in Marcus & Millichap’s…