561-599-6441
[email protected]

Vision Real Estate Advisors Facilitates Sale of 65,000+ SF Village Plaza in Fort Lauderdale MSA at Sub 5% Cap Rate

Home / 2026
Vision Real Estate Advisors Facilitates Sale of 65,000+ SF Village Plaza in Fort Lauderdale MSA at Sub 5% Cap Rate

Year: 2026

FOR IMMEDIATE RELEASE

Vision Real Estate Advisors Facilitates Sale of 65,000+ SF Village Plaza in Fort Lauderdale MSA at Sub-5% Cap Rate

MARGATE, FL (September 29, 2026) – Vision Real Estate Advisors is proud to announce the successful closing of Village Plaza, a +/- 65,000 square foot retail center located at 1360–1454 N. State Road 7 in Margate, Florida. Representing both the seller and the buyer in the transaction, the firm orchestrated a highly competitive sales process that generated over 250 registered buyers and offers from more than 10 competitive groups, resulting in a sale at a sub-5% in-place cap rate.

“Despite the cost of debt, there remains an unprecedented volume of capital sitting on the sidelines aggressively hunting for well-located, high-quality retail assets in South Florida,” said Elon Gerberg, Managing Director at Vision Real Estate Advisors. “The significant interest and amount of offers we procured for Village Plaza proves that liquidity is exceptionally strong for retail properties with upside both in terms of rents and occupancy.”

“This transaction highlights our firm’s ability to unlock maximum value by leveraging targeted marketing and deep market relationships,” added Adam H. Klein, Managing Director at Vision Real Estate Advisors. “I’ve never met a seller who was unhappy with receiving 10 qualified offers from all-cash buyers and watching them compete to capture the flag.”

Ultimately, the property was awarded to local investment group, Current Capital Group, a prominent regional real estate firm with an extensive track record and existing commercial holdings in the immediate submarket. To secure the asset in a high-demand bidding environment, the buyer committed a substantial non-refundable deposit at execution. This was the first time the property was on the market for sale since the seller, Tricon Development, purchased the property over 30 years ago.

Village Plaza features a strong mix of national, regional, and neighborhood tenants, including anchor-level draw CSL Plasma and Domino’s Pizza. The asset benefits from prime visibility along the State Road 7 commercial corridor and sits directly adjacent to Cocogate Plaza, which is poised for a major mixed-use redevelopment featuring nearly 300 residential units and modern retail spaces. Additionally, the asset is located just one block from Brookfield Properties’ multi-acre Margate City Center master redevelopment project, positioning Village Plaza directly in the path of rapid growth and increased daily vehicular traffic.

About Vision Real Estate Advisors

Vision Real Estate Advisors is an independent Florida-based commercial real estate firm specializing in the acquisition, disposition, and leasing of retail, office, and industrial investment properties. With hundreds of millions in completed transactions, our team combines institutional expertise with the personal attention of a boutique firm. By leveraging social media, AI, and advanced data tools, we deliver modern exposure and actionable insights that drive superior results. At Vision, we bring the sophistication of a major firm with the accessibility of a trusted advisor.

For more information on upcoming listings and recent closings, visit www.visionrea.com.

On Monday morning during ICSC Florida, Vision Real Estate Advisors partnered with Chabad of South Orlando to host a special Shacharit Minyan and Networking Breakfast for commercial real estate professionals.

Before the convention floor opened, dozens of attendees gathered to daven, connect, and prepare for a busy day of dealmaking. Vision REA provided roundtrip transportation from The Rosen Centre Hotel, bringing together brokers, developers, and investors for morning prayers followed by a premium Kosher breakfast.

Combining spiritual grounding with industry networking proved to be a standout highlight of the conference. The event offered a unique space for Jewish CRE professionals to build meaningful connections before navigating the busy show schedule.

An Annual Tradition in the Making

Following the incredible turnout and overwhelmingly positive response from attendees, Vision Real Estate Advisors is excited to announce that this morning minyan and breakfast will now be an annual tradition at ICSC Florida every year.

Vision Real Estate Advisors extends a sincere thank you to Rabbi Yosef Konikov, Rabbi Nisan Zibell and the entire team at Chabad of South Orlando for their hospitality and partnership in making the morning seamless and inspiring.

Let us Connect

Whether you joined us for breakfast or missed us on the convention floor, Vision Real Estate Advisors is actively working on premier retail inventory and off market opportunities. Reach out to our team today to discuss deal flow and upcoming partnerships.

Vision Real Estate Advisors has successfully arranged the sale of Forum Plaza, a 31,625-square-foot neighborhood retail center located at 8550-8698 NW 44th Street in Sunrise.

The transaction closed at a total volume of $6,641,250, representing a market-topping valuation of $210 per square foot.

Vision REA Managing Directors and Co-Founders Elon Gerberg and Adam Klein directed the transaction and represented both sides in the deal.

Demonstrating strong investor conviction and aggressive demand for the asset, the transaction featured a $325,000 non-refundable, hard deposit placed immediately at contract execution, culminating in a rapid closing process.

The property, which was 92% occupied at the time of sale, had been under the same private ownership for the past 20 years. While Forum Plaza traditionally suffered from a lack of primary frontage along a lower-traffic neighborhood corridor, obstacles that frequently sideline standard marketing efforts, the brokerage team successfully unlocked its deep-seated operational upside.

Rather than focusing on the corridor’s immediate traffic limitations, Gerberg and Klein focused heavily on the heavy, insulated family foot traffic driven by the highly successful, perennially packed family fun center and bowling alley, Strikers Family Entertainment Center, located directly adjacent to the site.

“Every property has its hurdles, but real brokerage is about looking past the street view and showing buyers the actual path to growth,” said Gerberg, who ran lead on the transaction. “By proving the massive amount of daily foot traffic coming from the packed entertainment center next door, we completely changed how investors looked at the location. We mapped out a clear roadmap to upgrade the tenancy and bring below-market rents up to market, which completely took the frontage challenges off the table and built a highly competitive environment.”

The asset’s strong physical and operational fundamentals further fortified investor conviction during the marketing process, pushing the final pricing metrics to the top of the submarket.

“On paper, a lot of buyers might look at a lower-traffic corridor and pass, but we made sure they saw the long-term stability built into this asset,” added Klein. “The building is exceptionally clean, the anchor tenants are highly stable, and the smaller, 1,700-square-foot average suite sizes are in incredibly high demand across Broward County. Achieving $210 per square foot for an asset with these frontage limitations, especially one held by the same owner for two decades, proves that capital will aggressively pursue value-add opportunities when the narrative and fundamentals line up perfectly.”

 

Vision Real Estate Advisors’ Managing Directors Elon Gerberg and Adam H. Klein continue to dominate the South Florida mid-market, closing 7 transactions and securing $80 million in exclusive listings within just nine months of the firm’s launch.

Focusing on the tri-county area, the firm recently moved a 65,000-square-foot Margate shopping center under contract in only 45 days, generating over 200 inquiries and 15 offers to achieve a compressed 4.3% cap rate.

“With 800 people moving to Florida daily and limited land for development, demand is vastly outstripping supply,” said Elon Gerberg, Managing Director. “Our ability to generate massive exposure ensures our clients achieve premium results even as out-of-market capital competes aggressively for limited South Florida inventory.”

Read the full article here.

As we move through the fourth quarter, capital desks across South Florida are recalibrating underwriting models amidst 5.0%+ Treasury benchmark rates and shifting debt terms. Despite macro debt tightening, buyer demand for defensive daily-needs retail and infill flex industrial remains exceptional across Miami-Dade, Broward, and Palm Beach.

The latest edition of Vision Into the Market (Issue 27) is officially live. Here is a quick preview of what is inside this issue:

HIGHLIGHTS FROM ISSUE 27

  • 📈 Macro & 1031 Capital Strategy: How rising borrowing costs are reshaping Q4 deal structuring, plus how our desk is deploying over $100M in exclusive year-end 1031 exchange capital.

  • 🏢 Active Inventory & Pipeline:

    • Township Plaza (Coconut Creek): 60,940 SF multi-tenant retail/office asset now in its Call for Offers phase (Bids Due Wednesday, Nov 11).

    • 1031 Up-Leg Case Study: How Vision REA successfully identified and placed a trophy Florida Keys Walgreens under contract within the strict 45-day IRS window.

  • 🤝 Firm Activities & Market Reality: Team updates including our live canvassing workshop with Beth Azor (“The Canvassing Queen”), celebrating Co-Founder Elon Gerberg’s birthday, welcoming David Williams to our Office & Industrial desk, and ground-level labor/rent insights.

  • 📊 Past 30-Day Market Comps: Complete breakdown of top tri-county trades, featured by today’s $78.88M sale of One Boca Place on Glades Road.

Check out the latest edition of Vision into the Market

Download | Vision into the Market_Issue 25

As we move through late September, transaction velocity across South Florida service retail is accelerating.

We just released Issue 25 of Vision Into the Market, highlighting major deal momentum, upcoming retail listings, and team culture:

KEY HIGHLIGHTS FROM THIS ISSUE:

  • FED RATE HIKE (+25 BPS): The Federal Reserve raised benchmark interest rates 25 basis points to a target range of 3.75% to 4.00% on September 16. Learn what this means for South Florida debt coverage, cap rate pricing, and Q4 refinancing pressure.

  • HOT MARKET LAUNCH | Powerline Shopping Center (Ft. Lauderdale): Our official launch of this 14,600 SF multi tenant retail plaza (7.0%+ in place cap rate) generated nearly 10 offers in its very first week on the market!

  • VIDEO WALKTHROUGH: Watch Elon’s Instagram video walkthrough of the asset directly on our social channels.

  • ~$30M IN SEPTEMBER CLOSINGS: Our desk is officially rounding out the month closing two major shopping centers totaling nearly $30,000,000, proving that private capital is aggressively competing for stabilized South Florida infill dirt.

  • UPCOMING PIPELINE: Preparing to bring several new unanchored retail centers in the Greater Fort Lauderdale MSA to market in the coming weeks.

  • VISION FAMILY MILESTONE: Celebrating co-founder Adam Klein and his wife on the arrival of their new baby boy!

  • COMMUNITY LEADERSHIP: Team updates including local synagogue security volunteering ahead of the High Holidays and Elon coaching the West Boca Eagles basketball team to a 1 and 1 start.

With ICSC Florida kicking off this Sunday in Orlando (Aug 30 – Sep 1), the team at Vision Real Estate Advisors is heading north to connect with developers, institutional owners, and capital partners.

Meet us at the welcome reception at this Sunday, August 30th at the ICSC Welcome Reception (4:00 PM) at the Orange County Convention Center!

We just published Issue 24 of Vision Into the Market, delivering deep, ground-truth market insights, emerging tenant headwinds, and an exclusive first look at our post-Labor Day deal pipeline:

KEY HIGHLIGHTS FROM THIS ISSUE:

  • Shadow Credit Risk & Third-Party Rent Financing: Why Class C office and retail tenants using third-party installment platforms to clear monthly rent payments represent an emerging risk for property owners despite timely rent appearing on paper.
  • ICE Crackdowns & Labor Friction: How regional enforcement actions across South Florida are impacting labor availability and cash flow for trade-oriented flex, automotive, and food-service operators.
  • The Valuation Floor: Why an immense volume of sidelined capital competing for scarce infill inventory continues to protect property valuations despite operational headwinds.
  • FEATURED TEASER | Powerline Shopping Center (Ft. Lauderdale): Launching immediately post-Labor Day, our desk is bringing to market a 14,600 SF multi-tenant retail plaza boasting 100% occupancy and a 7.0%+ in-place cap rate.
  • Pipeline Rollout: Teasing 3 brand-new exclusive listings hitting the market after the holiday alongside our expanding portfolio of $55M+ under contract.
  • Culture & Elevation: Highlights from our inaugural Torah Lunch & Learn with Rabbi Shmulik Moskowitz of Chabad of West Boca as we navigate the month of Elul, focusing on personal accountability, self-reflection, and continuous growth.

Today marks a major milestone for our firm: Vision Real Estate Advisors officially turns 1 year old!

What started as a bold vision to bring real-time, boots-on-the-ground intelligence and high-conviction deal execution to South Florida has grown into tens of millions in closed volume, record-setting corridor deals, and deep trust across the investment community. Thank you to our clients and capital partners who made Year 1 unforgettable.

We just released Issue 23 of Vision Into the Market, breaking down the exact capital shifts and transaction velocity shaping our desk this week:

Medical Office & Infill Resilience: Why private wealth and institutional capital are aggressively targeting single-tenant and multi-tenant MOB assets across South Florida, leveraging sticky tenant bases and e-commerce-proof cash flows.

Pre-ICSC Capital Allocations: As funds prepare for the annual ICSC Florida gathering, buyers are aiming to lock down off-market retail and industrial inventory ahead of Q4 rate adjustments.

PIPELINE HIGHLIGHTS:

 

  • JUST CLOSED | Miami Lakes Land ($5,115,000): Our team successfully closed a 1.84-acre infill development parcel in Miami Lakes to an active self-storage developer, demonstrating the fierce competition for scarce, high-density development sites across Miami-Dade County.
  • Broward Industrial ($11.35M / $186 SF): Accelerating user and investor interest on our prime Fort Lauderdale flex/warehouse facility below replacement cost.

HIGHLIGHTS FROM THIS ISSUE:

  • The New Institutional Darling: Why private capital and institutional funds are aggressively competing for unanchored, service-oriented retail centers across South Florida.

  • Macro Rates & The 1031 Cliff: How the Fed’s rate hold is driving real estate owners toward Delaware Statutory Trusts (DSTs) to defer capital gains upon debt maturity.

  • Transaction Velocity: Our desk locked down a $10,000,000 multi-tenant industrial asset in Hialeah, alongside a strategic repricing on a 60,000+ SF Broward warehouse facility.

  • Submarket Spotlight: Deep dive into key growth pockets across West Boca Raton, Coconut Creek, Pompano Beach, and Margate.

  • ICSC Florida Hospitality: Joining us at ICSC Orlando (Aug 30 – Sep 1)? Vision Real Estate Advisors is proud to sponsor a dedicated Shacharit Minyan & Networking Breakfast in partnership with Chabad of South Orlando. (Shuttle & timing details inside report).

As we cross past the mid-point of July 2026, the South Florida commercial real estate engine is running at absolute capacity. While passive industry observers wait for a late-summer lull, our transaction desk is capitalizing on an aggressive rotation of private and institutional capital.

We just released Issue 21 of Vision Into the Market. This fresh executive briefing skips the generic market noise to deliver the raw, ground-level deal flow and macro metrics driving our pipeline this week.

Inside our new report, we break down the critical trends shaping mid-summer asset values:

🔥 The Expense Moat Playbook: Why buyers are looking past basic top-line revenues and evaluating property insurance structures and triple-net efficiencies as direct drivers of cap rate compression.

🏢 The High-Density Shift: How the transformation of traditional retail nodes into mixed-use communities is creating a captive consumer audience, keeping regional retail vacancy remarkably tight.

A LOOK INSIDE OUR RECENT TRANSACTION PIPELINE:

We do not just track the South Florida market; our team actively commands it. Issue 21 highlights several major milestones secured by our desk this week:

  • The Hialeah Industrial Horizon: We have officially awarded and placed a premier $10,000,000 multi-tenant industrial property in Hialeah completely under contract.
  • The 441 Corridor Record:After stepping in as the fourth broker team to list The 441 Flagship in Margate, we successfully closed the deal with a prominent coin laundry operator, securing a top-of-market price near the highest price per square foot on the corridor.
  • Village Plaza Runway: Directly across the street, we have secured a non-refundable deposit for the 66,000 SF Village Plaza retail center and are moving steadily toward a clean closing.
  • Broward Owner-User Industrial: We have strategically repositioned our turnkey 60,715 square foot warehouse powerhouse in the Fort Lauderdale MSA, adjusting the price to $11,350,000 to deliver the ultimate cost-basis entry point.

JOIN US ON THE GROUND: ICSC BOCA & ORLANDO

Our team is looking forward to connecting with fellow dealmakers over the coming weeks. Join us next week on July 23rd at ICSC Local Boca Raton, hosting at American Social Bar.

Furthermore, we are proud to announce our official partnership at ICSC Orlando (August 31–September 2). Vision Real Estate Advisors will be hosting a morning Shacharit Jewish prayer service and networking breakfast at the Chabad, including fully sponsored round-trip transportation to and from the conference hotels.

Click here to access the full Issue 21 briefing.