Marcus & Millichap Brokers $13.4 Million Sale of Shopping Center in Coastal Massachusetts

by Julia Sanders

Gloucester, Mass. — Marcus & Millichap has brokered the $13.4 million sale of Cape Ann Marketplace, a 102,977-square-foot shopping center in the coastal Massachusetts city of Gloucester. Shaw’s serves as the center’s anchor tenant. Jim Koury and Alex Quinn of Marcus & Millichap represented the seller and sourced the buyer, both of which requested anonymity, in the transaction.

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