Marcus & Millichap Brokers $7 Million Sale of Promenade Shopping Plaza in South Georgia

Valdosta, Ga. — Marcus & Millichap has brokered the $7 million sale of Promenade Plaza, a 64,523-square-foot shopping center located in Valdosta. James Medefind, John Brigel, James Garner and Jim Shiebler of Marcus & Millichap represented the seller, an undisclosed limited liability company. Medefind also represented the undisclosed buyer in the transaction. Promenade Plaza was fully occupied at the time of sale by tenants including Shoe Carnival, Books-A-Million, Best Buy, Five Guys and Sleep Number.

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