Vero Beach, Fla. — Marcus & Millichap has arranged the $5.3 million sale of Vero Beach Square, an 11,480-square-foot retail strip center in Vero Beach. Drew Kristol, Kirk Olson and Marc Yaffe of Marcus & Millichap represented the seller, Konover South, and the buyer, Ross Realty Investments Inc., in the transaction. The center was 88 percent leased at the time of sale to tenants including Dunkin’ Donuts, Jersey Mike’s Subs, Tropical Smoothie Cafe and Supercuts. The property is shadow-anchored by Tire Kingdom and Murphy’s Gas.
Marcus & Millichap Arranges $5.3 Million Sale of Shopping Center in South Florida