Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Bru's Room-Boynton Beach, an 8,627 square-foot net-leased property located in Boynton Beach, FL. The asset sold for $3,087,500.

Edward Romo, associate, and Scott C. Sandelin, vice president investments, from Marcus & Millichap’s Miami office had the exclusive listing to market the property on behalf of the seller, a limited liability company. Romo and Sandelin then secured the buyer, also a limited liability company.

Bru's Room has been at 1333 North Congress Avenue, Boynton Beach, FL for eight years. The property has strong demographics with a dense population of 250,000 people within a 5-mile radius and daily vehicle counts of 39,000. Bru’s Room has executed a new 15-year lease with four five-year options to renew.

About Marcus & Millichap (NYSE: MMI)

With over 1,600 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 8,700 transactions in 2015 with a value of approximately $37.8 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com