Florida

Merritt Island, Fla. — A TIC including MHCommercial Real Estate Fund II, a private equity fund launched by South Florida-based commercial real estate services firm NAI Merin Hunter Codman, has acquired the Shoppes at Victoria Square, for $16 million. Situated approximately 50 miles east of Orlando near the Kennedy Space Center, the Shoppes at Victoria Square totals 109,000 square feet and is anchored by Burlington, Five Below and Ulta Beauty. The property was 98 percent leased at the time of sale. John K. Crotty, Michael T. Fay, David Duckworth, Brian C. De …

Coconut Creek, Fla. — Levy Realty Advisors has arranged the $20 million sale of a 124,000-square-foot shopping center located at 6806-6814 N. State Road-7 in Coconut Creek, approximately 13 miles north of Fort Lauderdale. Brandon Abdelnour and Marcel Saraskin of Encore Real Estate Investment Services represented the buyer, BrassWater, a Montreal-based real estate development firm. Alan Levy and Lielle Sosa of Levy Realty Advisors represented the seller, Coconut Fields, in the transaction. Park Creek Surgery Center anchors the center, which features additional tenants such as Haverty’s and Akumin.

Middleburg, Fla. — Marcus & Millichap has brokered the $8.4 million sale of a 17,400-square-foot retail center located in Middleburg, roughly 26 miles southwest of downtown Jacksonville. Situated at 1690 Jeremiah St. within the Clay Town Center mixed-use development, the retail property is fully leased to a mix of eight tenants including Mattress Warehouse, Firehouse Subs, Domino’s Pizza and Wingstop. The center was built in 2025 on approximately 3.2 acres. Zack House, Mark Ruble and Chris Lind of Marcus & Millichap marketed the property on behalf of the seller, a Delaware-based LLC, …

Palmetto Bay, Fla. — Marcus & Millichap has brokered the $11.9 million sale of Coral Reef Plaza, a 29,115-square-foot retail center located in Palmetto Bay, approximately 15 miles southwest of downtown Miami. Jonathan De La Rosa and Eddie Toledo of Marcus & Millichap procured the buyer in the transaction. Located at 15295 and 15315 S. Dixie Highway, the nearly 2-acre property includes 34 suites across a mix of retail and office space, including a freestanding Taco Bell, a multi-tenant retail strip and a mixed-use building.