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

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

Month: September 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.

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.