The plaza was developed in 1973 and significantly renovated in 2006 when a portion of the original structure was demolished and replaced with a new Publix store.

MIAMI—Pompano Plaza, a 126,928-square-foot grocery-anchored shopping center in northeast Broward County, has traded hands. Pompano Plaza, Ltd sold the retail asset to Pittsburgh-based investor ECHO Realty acquired the asset for $29.6 million.

Cushman & Wakefield's Mark Gilbert, Adam Feinstein and Mitchell Halpern negotiated the disposition on behalf of the seller. The sale price equals $233 per square foot.

Pompano Plaza was developed in 1973 and significantly renovated in 2006 when a portion of the original structure was demolished and replaced with a new Publix store. A bank outparcel building was added in 2010. The plaza, which is anchored by Publix, Marshalls, Office Depot and Tuesday Morning, is 100% occupied.

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