Marcus & Millichap Arranges $11.8 Million Sale of New Retail Property in Tampa, Florida

by Camren Skelton

Tampa, Fla. — Marcus & Millichap has arranged the $11.8 million sale of Shoppes of South Dale, a newly constructed, 34,100-square-foot retail property in Tampa.

James Medefind, Barry Wolfe and Dana Speer of Marcus & Millichap marketed the property on behalf of the seller. Other terms of the deal were not disclosed, but the Tampa Bay Business Journal reports Paradise Ventures developed and sold the property. Alan Lipsky of Marcus & Millichap assisted in closing the transaction. Shoppes of South Dale is home to tenants including Crunch Fitness, Tijuana Flats, Jeremiah’s Italian Ice, Pizza Hut, Hair Cutter and Another Broken Egg Cafe.

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