The Real Deal Miami

Argentine investor buys Cooper City retail center

Shoppes of Cooper City acquired for $7.2 million

October 22, 2014 05:15PM

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Shoppes of Cooper City

Shoppes of Cooper City

An Argentinian investor purchased the Shoppes of Cooper City retail center in a $7.2 million deal.

A private Miami-based investor sold the shopping center to another private investor, said Marcus & Millichap, as cited by GlobeSt. The Shoppes are 80 percent occupied by 15 tenants, including the three largest leaseholders, New Castle Realty, Dunkin Donuts and Northwestern Management.

Adam J. Tiktin in Marcus & Millichap’s Miami office had the exclusive listing. The buyer was represented by Victor Pastor of Marcus & Millichap’s Miami office. [GlobeSt] – Jennifer White Karp

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