CrossMarc Services LLC Acquires Retail Asset In Melbourne For $28M

The property at 4100 N Wickman Road in Melbourne, spanning 27 acres, was sold for $28,000,000. The asset, a retail space measuring 202,050 square feet, was acquired at a price per square foot of $139. The transaction involved CrossMarc Services LLC, MCB Real Estate, Peaceable Street Capital as buyers, and Post & Wickham Corp. as the seller. Marcus & Millichap acted as the broker in this deal.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $28,000,000
• Buyer: CrossMarc Services LLC - John Crossman; MCB Real Estate & Peaceable Street Capital
• Seller: Post & Wickham Corp.
• Broker: Marcus & Millichap

John Crossman played a significant role as a representative of CrossMarc Services LLC in the transaction. The deal involved multiple parties ensuring a successful closure. CrossMarc Services LLC, MCB Real Estate, Peaceable Street Capital, and Post & Wickham Corp. were key players in this property transaction, facilitated by the expertise of Marcus & Millichap. Note the seamless collaboration between buyers and sellers in finalizing this significant deal.