Hire an Advisor With Vision

Elon Gerberg and Adam Klein successfully orchestrated the dual represented disposition of Village Plaza, a 65,050 SF retail center in Margate, FL, achieving a sub 5% in-place cap rate despite a challenging high interest rate environment. By implementing a targeted, multi channel marketing process, we generated 250+ registered buyers and 10+ competitive offers, ultimately awarding the deal to regional investor Todd Nepola of Current Capital Group, who committed a substantial non refundable deposit. We managed the timeline and closing requirements for both the seller and the buyer to deliver a smooth, on-time closing.

The $6.8 million sale of Winston Park Shoppes II highlights Adam Klein and Elon Gerberg’s ability to re-engineer a marketing strategy to meet the demands of an evolving retail landscape. Stepping in as the second listing broker after a previous attempt failed to gain traction, we repositioned the 16,572-square-foot asset by emphasizing its strategic “shadow-anchor” location alongside Publix and LA Fitness. Our process focused on the security of its 100% occupancy and “essential” tenant mix, successfully shifting market perception from a standard retail strip to a high-yield trophy asset in a supply-constrained corridor.

Through our aggressive outreach and vetting process, we identified a private buyer who recognized the asset’s long-term intrinsic value and stability. To secure the deal, we navigated a highly compressed timeline, moving from execution to a two-week due diligence period and closing shortly thereafter. Achieving a valuation of $410 per square foot, the transaction set a local benchmark for the Coconut Creek market. This swift and precise execution serves as a testament to our ability to create urgency and deliver certainty for our clients, even when prior market attempts fell short.

Adam Klein and Elon Gerberg sold Aventura Industrial, a roughly 35,000 SF, two-building warehouse and industrial flex complex at 2655 and 2660 NE 189th St in Aventura, Florida. The buildings date to 1967 and 1971, and one family had owned them since 1986. Industrial land in Miami-Dade County is scarce, with new construction adding only about 1% to existing inventory, so we marketed the complex around its stable in-place income, its site size and that lack of new supply.

Our call-for-offers process drew more than 10 offers from industrial investors. The complex sold for $10.75 million, or $307 per square foot, at a 4.2% cap rate, on a compressed closing timeline. The buyer was an entity co-managed by Sunny Isles Beach investor Yakov Cohen. The Real Deal covered the sale, which beat the $240 per square foot that led Miami-Dade industrial sales the prior quarter.

Adam Klein and Elon Gerberg sold Miami Beach Executive Office Suites, a 17,228 SF multi-tenant office building at 960 Arthur Godfrey Road at the entrance to Miami Beach, Florida. We represented both the seller, Yair Gretah, and the buyer, The Haimov Group.

Recent improvements, a medical and service tenant base, and nearby projects like 42 Pine and the Mount Sinai Medical Center expansion drew investors and developers. We put the building under contract within 10 days of launch with more than 5 competitive offers. It sold in November 2024 for $8,025,000, more than $465 per square foot. CRE-sources covered the sale.