Broward Retail Plaza Trades For $28.5 Million

Avi Cohen of Katz Properties Real Estate Investments acquired the Sunshine Plaza shopping center at 4001-5031 W. Commercial Blvd. in Tamarac.
The property, owned by Global Fund Investments, was purchased for $28.5 million, or about $122 per square foot.
The single-story, 234,000-square-foot retail property was built in 2001 on 21 acres in the Cypress Creek submarket of Broward County. It is anchored by Old Time Pottery, Publix, Marshalls, and Dollar Tree.
Dennis Carson and Casey Rosen of CBRE represented the seller. The buyer handled the sale in-house.
 
Source:  CoStar