Marcus & Millichap first vice president and director of National Retail Group Howard Bregman, investment sales associate Joseph Granteed, executive managing director Douglas Mandel and investment associate Elon Gerberg. Marcus & Millichap first vice president and director of National Retail Group Howard Bregman, investment sales associate Joseph Granteed, executive managing director Douglas Mandel and investment associate Elon Gerberg. Courtesy photos

A three-building Fort Lauderdale shopping plaza sold for $15.8 million just before Hurricane Dorian, which didn't delay the closing.

PMG Plaza had all necessary insurance in place and traded in a cash transaction, both of which allowed the deal to close on time despite the looming threat from Dorian, said Howard Bregman, who was part of the Marcus & Millichap team that sold the plaza.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lidia Dinkova

Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.