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Melbourne, Florida, anchored retail center sells for $16 million

NAI franchise buys Merritt Island's Shoppes of Victoria Square
Shoppes at Victoria Square in Merritt Island, Florida, is anchored by Burlington, Five Below and Ulta Beauty under long-term triple-net leases. (CoStar)
Shoppes at Victoria Square in Merritt Island, Florida, is anchored by Burlington, Five Below and Ulta Beauty under long-term triple-net leases. (CoStar)
By Aisha Garrison with
CoStar Research
May 8, 2026 | 8:01 P.M.

MHCommercial Real Estate Fund II, led by NAI Merin Hunter Codman principals Neil Merin, Jordan Paul and Matthew Brown, purchased Shoppes at Victoria Square in Merritt Island, Florida, for $16.1 million.

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