CrownPoint Partners announced the $4.5 million sale of Merchants Plaza, a fully leased 15,098-square-foot shopping center at 155-159 Hancock Bridge Parkway in Cape Coral. The plaza is anchored by tenants including Tires Plus, PI Pizza, Tobacco Shop, Lee Nails, Floral Designs, Palm Tree Massage and Cape Palace Arcade. The buyer, a private investor based in Cincinnati operating as FS Cape Coral I LLC, was represented by CrownPoint Partners. Matthews Real Estate Investment Services represented the seller, New York-based Jerry-Lin Corp. Located at a busy intersection near Publix and McDonald’s, just east of Santa Barbara Boulevard, the plaza was refurbished in 2023 with upgrades including a new roof, HVAC systems, LED lighting and pylon signage.