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
 

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