MMG Equity Partners sold the Shoppes at Kendall Drive, a 47,826 shopping center in Miami, FL for $19.5 million.

The 100% occupied shopping center was developed by MMG in 2014. Major tenants include CAC Medical Centers, The Learning Experience, and Fuddruckers.

Kirk Olson and Drew Kristol from the Miami office of Marcus and Millichap represented the seller. Michael Lapointe and Adam Greenberg of Newmark Grubb Knight Frank represented the buyer, a Miami-Based private investor.

About MMG Equity Partners

MMG Equity Partners is a privately-owned real estate investment company focused on long-term ownership, management, development, and acquisitions of shopping centers in Florida. For more information about MMG Equity Partners, please visit www.mmgequitypartners.com