The $6.8 million sale of Winston Park Shoppes II highlights our team’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.
The acquisition of the Shoppes at Lakeview showcases our team’s ability to provide seamless, end-to-end portfolio management for our clients. After successfully liquidating an office asset for our client, we identified this +/- 10,300-square-foot retail plaza as the ideal vehicle for their 1031 exchange. Strategically located at the gateway to the Lakeview community in Coral Springs, the property offered the investor a stabilized asset anchored by a corporate-guaranteed Dunkin’—a location significantly more convenient to their primary residence. By aligning the buyer’s geographic preferences with a high-performing retail asset, we transitioned their capital into a more passive, locally accessible investment.
To meet the rigid timelines of the exchange and provide the seller with absolute certainty, we leveraged our deep relationship with the buyer to execute a high-speed closing. The transaction was finalized in just 30 days with the buyer opting for no inspection period, demonstrating total confidence in our underwriting and property analysis. This swift execution at a price of $3,600,000 ($352/SF) illustrates our commitment to delivering “white-glove” service, ensuring our clients can transition from one asset class to another without missing a beat
