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PALO ALTO, CALIF. — Marcus & Millichap has arranged the sale of a 18,555-square-foot neighborhood shopping center located at 2615-2699 Middlefield Road in Palo Alto’s Midtown district.
A private family ownership group sold the property to a local investor for $15.3 million, or $822 per square foot.
Kirk Trammell, David Cutler and Joshua Johnson of Marcus & Millichap represented the seller in the transaction.