This is the first time the property has sold since it was established over two decades ago.
Tricera and Merrimac closed the acquisition of the ±16,500 square feet of retail and restaurant space in August 2020
The asset sold for $17,500,000.
Douglas Mandel and Benjamin Silver represented the seller in the $5.3 million sale. CLICK ON THE HEADLINE FOR MORE
The deal, which was finalized November 4, brings Mandel+Partners’ number of closed transactions this year to 33 valued at more than $315 million. CLICK ON THE HEADLINE FOR MORE
Mandel+Partners’ Douglas Mandel and Benjamin Silver represented the seller in the transaction. CLICK ON THE HEADLINE FOR MORE
Marcus & Millichap’s Mandel, Wolfe and Lipsky represented both the buyer and seller in the transaction. CICK ON THE HEADLINE FOR MORE
Real estate investor Corey Shader purchased the office building. CLICK ON THE HEADLINE FOR MORE
Marcus & Millichap Senior Vice President and Institutional Property Advisors (IPA) Senior Director Douglas K. Mandel negotiated the sale. CLICK ON THE HEADLINE FOR MORE
Mandel and Thomas represented both parties in the JV. CLICK ON THE HEADLINE FOR MORE
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