Pompano Shopping Center Fetches Close To $200 PSF

Principal Real Estate Investors LLC sold the Pompano Marketplace shopping center at 1115-1299 S. Federal Hwy in Pompano Beach to Katz Properties Real Estate Investments for $46.8 million, or approximately $196 per square foot.
The 239,200-square-foot retail building was completed in 1989 on 19.2 acres, and has over 800 parking spaces.Casey Rosen of CBRE represented seller.
 
Source:  CoStar
 

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning. Just follow the instructions below.

Enter your email address:


 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!