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