Marcus & Millichap Sells Plaza One Shopping Center In Monroe For $10.5M

The Plaza One Shopping Center in Monroe, LA, located at 2810 Louisville Avenue, has been sold for $10,500,000. This retail asset spans 96,765 square feet and was successfully transacted by brokers Philip Levy, Steve Greer, and Zachary Taylor from Marcus & Millichap. The property is anchored by Super 1 Foods, making it a prominent retail center in the area.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,500,000
• Market: Monroe, LA
• SF: 96,765
• Price per SF: $109
• Brokers: Philip Levy, Steve Greer & Zachary Taylor - Marcus & Millichap

Marcus & Millichap played a key role in facilitating the sale of The Plaza One Shopping Center. The involvement of the brokers, Philip Levy, Steve Greer, and Zachary Taylor, from the renowned real estate brokerage firm ensured a successful transaction. This deal underscores the expertise and market knowledge of the professionals involved in the sale of this significant retail property.