PALM AIRE MARKETPLACE TRADES IN POMPANO BEACH

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POMPANO BEACH, FLA. — Palm Aire Marketplace, a 140,312-square-foot shopping center at 299 S. Powerline Rd. in Pompano Beach, has sold. The Winn Dixie-anchored retail property is 87 percent occupied and was originally constructed in 1977 and redeveloped in 1997. Tenants include RadioShack, Dollar Tree, Sally Beauty Supply, Rent-A-Center and the UPS Store. Drew Kristol and Kirk Olson of Marcus & Millichap’s Miami office as well as Lori Schneider of the firm’s Fort Lauderdale office represented the seller. Schneider also procured the buyer, a New York-based private investor.

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