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Marcus & Millichap Seeing Rising Investor Competition in Florida

ORLANDO—“Every asset received very strong interest and sold at an aggressive price.”

By Jennifer LeClaire | jenniferleclaire | Updated on August 09, 2016

IMF Business Park is a 70,800-square foot industrial property in Tampa, FL. IMF Business Park is a 70,800-square foot industrial property in Tampa, FL.

ORLANDO—Marcus & Millichap is running up and down the state of Florida, inking deals large and small. From Central to South Florida, the firm is closing some interesting transactions across multiple sectors, and reporting strong competition among investors.

IMF Business Park, a 70,800-square foot industrial property in Tampa, FL, traded hands. M&M associate Steven Dolinsky associate vice president of investments Luke Elliott had the exclusive listing to market the property on behalf of the seller, a private investor.  The duo also secured the buyer, a private investor.

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