MMG Equity Partners Acquires Retail Property In Plantation For $17.1M

A retail property located at 234-268 S University Drive & 120-150 S University Drive in Plantation has been sold for a total price of $17,100,000. The property spans across 55,530 square feet, resulting in a price per square foot of $308. The transaction was completed on December 20, 2021. The property features a prime location in the Plantation market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $17,100,000
• Address: 234-268 S University Drive & 120-150 S University Drive
• Square Footage: 55,530
• Price per Square Foot: $308
• Market: Plantation

The buyer of the property is MMG Equity Partners, represented by Gabe Navarro & Marcos Puente. The seller of the property is Marvin Feinstein. In the transaction, David Donnellan & Patricia Friend from CBRE acted as the seller's representatives.