January 23, 2026 | Issue 10

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January 23, 2026 | Issue 10

If the first two weeks of 2026 were about “testing the waters,” this week was the cannonball.

We are officially seeing the re-entry of institutional capital into the South Florida core, signaled by Oak Row Equities’ $520 million land acquisition at 1111 Brickell Bay Drive. When a developer drops half a billion dollars on dirt in this environment, the debate about South Florida’s longevity is over.

In this week’s Pulse:

  • The Market Monitor: Why the “price discovery” phase is ending.
  • Sector Spotlight: The new “Power Constraints” hitting industrial sites.
  • Firm Update: Celebrating 6 months, $21M closed, and $30M in active inventory.

Also Included: Exclusive Inventory – Access the full Offering Memorandum for our newest listing, Village Plaza (65,000 SF Value-Add), along with a snapshot of our current active retail opportunities.

WEST BOCA RATON, FL — An 11,300-square-foot office building at one of West Boca Raton’s busiest intersections has changed hands in a $5.75 million transaction.

Analysts say it may signal continued robust investor appetite for high-visibility South Florida assets as 2026 begins.

The property, known as Boca Raton Executive Offices, is located at 10055 Yamato Road, situated at the northwest corner of the intersection with Highway 441.

The property was acquired by Alex Ehrenthal from the seller, Paul Mandel of Nexgen Legacy Group.

The property last changed hands in late 2018 for $2.73 million.

According to Elon Gerberg and Adam Klein, Managing Directors and co-lead listing agents at Vision Real Estate Advisors, the building’s recent deal was notable for its rapid execution; after sitting on the market for a year under previous representation, the property moved to a “clean” closing in just 30 days on an “as-is” basis.

“This property sat on the market for an entire year before we were awarded the listing,” said Klein in a statement.

“Once engaged, we generated nearly 10 offers and moved to a swift 30-day closing. This result proves that capital remains incredibly aggressive for quality, high-visibility assets in South Florida,” he added.

The acquisition comes at a time of significant transition for the Yamato Road corridor.

Nearby, the HSBC Plaza recently underwent a rebranding to the “Shoppes at Yamato Corner,” and the Yamato Office Center has announced new speculative suites for early 2026.

Analysts indicated that the $5.75 million price for the Boca Raton Executive Offices underscores the premium currently placed on “Class B” office assets that offer high-traffic frontage.

Klein indicated that investors appear to be prioritizing immediate occupancy and cash-flow potential, as evidenced by the buyer’s willingness to waive traditional due diligence periods to secure the asset.

With the 30-day turnaround and high offer volume, the sale serves as a benchmark for local property values, and may indicate that capital remains aggressive for well-located, smaller-scale professional office spaces in Palm Beach County.

Vision Real Estate Advisors’ Managing Directors Elon Gerberg and Adam H. Klein announced the successful closing of the Boca Raton Executive Offices.

Located at the high-visibility corner of Yamato Road and Highway 441 in Boca Raton, Boca Raton Executive Offices, a  11,300-square-foot office building, sold for $5,750,000, or approximately $800 per square foot.

Demonstrating the firm’s brokerage expertise, the deal closed as-is with no inspections in just 30 days.

“This property sat on the market for an entire year before we were awarded the listing,” said Adam H. Klein, Managing Director at Vision Real Estate Advisors. “Once engaged, we generated nearly 10 offers and moved to a swift 30-day closing. This result proves that capital remains incredibly aggressive for quality, high-visibility assets in South Florida.”

Vision Real Estate Advisors announced the successful closing of two significant South Florida assets: Winston Park Shoppes and the Boca Raton Executive Offices. The transactions represent the second major closing milestone for the firm since its official launch in late August 2025, with several additional deals slated to close in the coming weeks.

Winston Park Shoppes | Coconut Creek, FL

The firm facilitated the $6,800,000 sale of Winston Park Shoppes II, a premier 16,572-square-foot retail center located in the Winston Park submarket of Coconut Creek. Situated on Lyons Road just south of the Sawgrass Expressway, the plaza is shadow-anchored by a high-performing Publix and LA Fitness.

The asset was 100% occupied at the time of sale, featuring a tenant mix of “essential” service providers including Sage Dental and The Vitamin Shoppe.

“We are seeing a massive surge in demand for unanchored ‘essential’ retail plazas that serve as the backbone of their local communities,” said Elon Gerberg, Managing Director. “Through our competitive bidding process, we were able to secure a buyer who committed to a swift two-week due diligence period and a rapid close, underscoring the intense liquidity for these high-performing assets.”

Boca Raton Executive Offices | Boca Raton, FL

Located at the high-visibility corner of Yamato Road and Highway 441, this 11,300-square-foot office building sold for $5,750,000, or approximately $800 per square foot. Demonstrating the firm’s brokerage expertise, the deal closed as-is with no inspections in just 30 days.

“This property sat on the market for an entire year before we were awarded the listing,” said Adam H. Klein, Managing Director at Vision Real Estate Advisors. “Once engaged, we generated nearly 10 offers and moved to a swift 30-day closing. This result proves that capital remains incredibly aggressive for quality, high-visibility assets in South Florida.”

The property asset involved in this transaction is an office located at 10055 Yamato Road in Boca Raton. The sale was executed for a transaction amount of $5,750,000, and the asset encompasses a total square footage of 11,200, resulting in a price per square foot of $513.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $5,750,000
  • Address: 10055 Yamato Road
  • Market: Boca Raton
  • Seller: Paul Mandel – Nexgen Legacy Group
  • Buyer’s Representative: Allyson Sullivan – Lang Realty
  • Seller’s Representatives: Elon Gerberg & Adam Klein – Vision Real Estate Advisors
  • Square Footage: 11,200
  • Price Per Square Foot: $513

The transaction included key individuals such as Paul Mandel representing Nexgen Legacy Group as the seller, alongside Allyson Sullivan acting on behalf of the buyer from Lang Realty. The seller’s associates driving the deal were Elon Gerberg and Adam Klein from Vision Real Estate Advisors.