Colliers has completed the $35 million sale of a five-property mixed-use portfolio in Melbourne, Florida, spanning 294,000 square feet across office, industrial, retail, and medical office spaces. The transaction, which took place between August 2025 and April 2026, involved multiple buyers and included properties leased to companies like Aeronix, the FBI, and Health First. Joe Rossi and Scott Brenner of Colliers represented the seller in all deals.
The portfolio includes the Melbourne Corporate Center, a 33,623-square-foot office building sold for $3.1 million. It is fully leased to Aeronix, an aerospace engineering firm. Another property, Hibiscus Professional Center, sold for $2.5 million and totals 26,300 square feet. It is leased to National Drug Screening, Benezra Gynecology, and Hanger Prosthetics. Imperial Plaza, the largest property at 107,000 square feet, sold for $12.2 million and is occupied by the Department of State, FBI, DCAA, Stifel, and Fiesta Azteca.
Centre at Suntree, an 82,172-square-foot retail and medical property, sold for $12.3 million. Premier Urgent Care, Moon Golf, and Huntington Learning Center are among its tenants. Rivercrest Professional Center, a 45,475-square-foot office and flex property, sold for $5 million and is occupied by Health First and Cape Canaveral Hospital. Max Ducharme of PMD Capital Management purchased Melbourne Corporate Center and Hibiscus Professional Center.
Summit Shah and Mike Shah, affiliated with Southeast Petro, acquired Imperial Plaza, Centre at Suntree, and Rivercrest Professional Center. Scott Loveridge of Relentless Real Estate represented Southeast Petro, while PMD Capital Management acted as its own agent. The sale reflects ongoing activity in Melbourne’s commercial real estate market, with properties serving a mix of government, healthcare, and corporate tenants.