PENSACOLA, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of The Shops at Perdido Key (top left photo), a 53,003-square foot Publix anchored shopping center, located in Pensacola, Fla, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.
Leon Brockmeier (lower left photo) and Matt Reichenthal (middle right photo) , retail investment specialists in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company based in Florida.
“This was a tremendous opportunity to acquire a rare Publix shopping center ground lease with a rent escalation in the original lease term. We procured multiple offers in a matter of hours and put the property under contract within ten days.” says Brockmeier.
Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700
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