Marcus & Millichap Inc., a leading commercial real estate brokerage firm, has successfully brokered the sale of the Lafayette Marketplace, a grocery-anchored retail center in Lafayette, Louisiana, for $5.8 million. The 87,122-square-foot property, located on Ambassador Caffery Parkway, is anchored by Super 1 Foods and includes tenants such as Dollar Tree and Family Dollar. The center, fully occupied and situated in a rapidly developing submarket, was under a letter of intent within 48 hours of hitting the market. The sale highlights the strong demand for grocery-anchored retail centers.
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