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Florida & Gulf Coast  + South Florida  + Retail  | 
Marcus & Millichap has announced the sale of University Commons, an 80,224-square-foot retail property located in Tamarac, FL.

Marcus & Millichap Arranges $14.8M Sale of University Commons in Tamarac

Marcus & Millichap has announced the sale of University Commons, an 80,224-square-foot retail property located in Tamarac, FL. The asset sold for $14,765,000. 

“University Commons is a well-located shopping center in the heart of Broward County with traffic counts exceeding 80,000 vehicles per day, and over seven acres of land,” commented Kirk Olson, senior vice president. “Quince Supermarket has achieved impressive growth since opening in 2020.  Seventy-five percent of the remaining tenants in the center have been in operation for more than five years with the opening of a 9,000-square-foot tenant, YOLO BBQ later this year, further increasing traffic to the center.” 

Olson and Drew A. Kristol, executive managing director, had the exclusive listing to market the property on behalf of the seller, a Miami-based private investment group.  The buyer, a private investor out of New York, was also secured and represented by Kristol and Olson. 

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition