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TALLAHASSEE, FLA. — Marcus & Millichap has brokered the sale of Market Sq., an 81,082-square-foot procuring middle situated in Tallahassee’s Market District, roughly 4 miles from Florida State College. The asset traded for greater than $330 per sq. foot.
The property — which was initially in-built 1977 and renovated in 2021 — is anchored by a 22,000-square-foot REI. Extra tenants on the property embrace Sanitas Medical Heart, Connors Steak & Seafood, a medical spa and Southern Seafood Market.
Alvin Mansour and Jon Talia of The Mansour Group of Marcus & Millichap represented the personal vendor and procured the Florida-based purchaser within the transaction. Ryan Nee is Marcus & Millichap’s dealer of file in Florida.