Marcus & Millichap Brokers $17 Million Sale of Birmingham Power Retail Center

Birmingham, Ala. — The property was 99 percent leased at the time of sale.

Marcus & Millichap has brokered the $17 million sale of Eastwood Village, a 134,256-square-foot regional power center located in Birmingham. The property was 99 percent leased at the time of sale to tenants such as Ross Dress for Less, Office Depot, Party City, Shoe Carnival and Tuesday Morning. Phil Sambazis and Thomas Ladt of Marcus & Millichap’s Sambazis Retail Group in San Diego represented the undisclosed seller in the transaction. Zachary Taylor and Don McMinn of Marcus & Millichap’s Atlanta office represented the undisclosed buyer. 

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