Marcus & Millichap first vice president and director of National Retail Group Howard Bregman, investment sales associate Joseph Granteed, executive managing director Douglas Mandel and investment associate Elon Gerberg. Courtesy photos
A three-building Fort Lauderdale shopping plaza sold for $15.8 million just before Hurricane Dorian, which didn’t delay the closing.
PMG Plaza had all necessary insurance in place and traded in a cash transaction, both of which allowed the deal to close on time despite the looming threat from Dorian, said Howard Bregman, who was part of the Marcus & Millichap team that sold the plaza.
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