Gorjian of Namdar secures 220,000 s/f shopping center
Joel Gorjian assisted Namdar Realty Group on their acquisition of the Jacksonville Regional Shopping Center. The shopping center consists of 220,000 s/f, while being 85% leased with anchor tenant sales by JCPenney and Winn Dixie.
"With 86% of the current tenancy being in-place for longer than 10 years, it allows us to maximize our focus merely on adding value to the property by leasing the vacancies," said Gorjian.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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