Max Ducharme Of PMD Capital Management Acquires Mixed-Use Portfolio In Melbourne For $35M

A five-property mixed-use portfolio was sold in Melbourne, FL, featuring a combined square footage of 294,000. The assets comprise office, industrial, retail, and medical office properties, with a total sale price of $35,000,000, amounting to a price per square foot of $119.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $35,000,000
• Square Footage: 294,000
• Price per Square Foot: $119
• Buyer: Max Ducharme - PMD Capital Management; Summit Shah & Mike Shah
• Buyer's Representative: Scott Loveridge - Relentless Real Estate
• Seller's Representatives: Joe Rossi & Scott Brenner - Colliers

This transaction involved multiple acquisitions completed between August 2025 and April 2026 by the buyers. Colliers played a key role in facilitating the sale, representing the undisclosed seller through Joe Rossi and Scott Brenner.