Hialeah Medical Center

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Hialeah Medical Center

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

Royal Plaza, a nearly 100,000 square foot shopping center, was almost fully occupied by long term tenants paying well below market rents. Through a comprehensive marketing campaign, we secured a buyer from Argentina who recognized the value and potential of the asset.

The buyer placed a $500,000 non refundable deposit at contract signing and closed within 30 days without ever visiting the property prior to closing. This transaction highlights our ability to generate interest and deliver results across local, regional, national, and international markets.