Berger Commercial Realty Represents Buyer In $34 Million Off-Market Acquisition Of Miramar Parkway Plaza

Berger Commercial Realty announced the successful off-market acquisition of Miramar Parkway Plaza, a 159,628-square-foot grocery-anchored retail center in Miramar.

The property was purchased for $34 million by LSG2 Miramar Parkway Plaza LLC, an affiliate of Longpoint Realty Partners.

Lawrence Oxenberg, Vice President at Berger Commercial Realty, represented the buyer in the transaction.

Located at 3102-3300 University Drive, the high-visibility, multi-tenant shopping center is situated on 14.23 acres at the signalized intersection of Miramar Parkway and South University Drive. Anchored by Presidente Supermarket, the center includes multiple outparcels and a second-story office component, providing a diverse mix of retail and professional space. A recently completed 10,000-square-foot retail addition further enhances the plaza’s appeal in one of Broward County’s most active retail corridors.

“The acquisition of Miramar Parkway Plaza underscores Longpoint’s investment strategy in high-performing, grocery-anchored retail centers in densely populated markets,” said Oxenberg. “We were pleased to leverage our market insight and local relationships to facilitate this off-market deal on behalf of our client.”

The seller was a partnership between The Faith Group and Jeffery Perlow.

Strategically positioned in a high-traffic area, Miramar Parkway Plaza offers strong tenant diversity, flexible space configurations, and excellent accessibility—making it a standout asset in the South Florida retail landscape.

Berger has been retained by the new ownership to lease the property.

Berger Commercial Realty continues to demonstrate its expertise in representing institutional investors and private capital groups across all property types, with a focus on delivering strategic acquisitions and maximizing long-term value.