A nearly 40,000 SF, three-building retail plaza situated on 7 acres at one of Plantation’s busiest intersections. Despite significant vacancy, rent collection challenges, and widespread skepticism about retail during the COVID shutdown, we positioned the property’s long-term potential to the market and generated competitive buyer interest.

The asset ultimately sold for $10.25 million at $214 per square foot and a 4.88% cap rate, representing a top of market price in the middle of one of the most uncertain investment climates in recent history. What made this deal particularly compelling was the site’s development upside, directly across from the former Motorola headquarters campus and adjacent to new retail development. While lenders were not financing new projects and hotel demand had collapsed, we highlighted the property’s irreplaceable location and long-term growth potential, securing a buyer who recognized the value when few others could