Marcus & Millichap Brokers Sale of 64,736-Square-Foot Shopping Center in Jacksonville

Jacksonville, Fla. — Marcus & Millichap has brokered the $5.8 million sale of Marietta Square, a 64,736-square-foot grocery-anchored shopping center in Jacksonville. Drew Kristol, Kirk Olson, Chad Atwood and Simon Grigoryan of Marcus & Millichap represented the seller, an entity affiliated with Saglo Development Corp., and the buyer, a Jacksonville-based private investor. Built in 1991, Marietta Square is anchored by Rowe’s IGA Supermarket and fully leased to tenants such as Family Dollar and AutoZone. Located at 8299 W Beaver St., the property is situated about 9.5 miles from downtown Jacksonville and 29.1 miles from Jacksonville Beach.

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