Osborne has represented The Strachman Family as trust advisor over the last 20+ years and, in the last 5 years, helped in repositioning its portfolio of management-intense multi-tenant retail properties. The family is repositioning its portfolio for the future.
Osborne believes strongly that any automotive property in a prime location with legal conforming zoning and an active dealer and repair license will only increase in long term value. He has multiple clients that are always looking for automotive related properties in prime location in the tri-county area.
The 1972-built boutique office building is situated on .37 acres of land.
The property was listed at $4,950,000 and within days, multiple full price offers were received – some over list price. The property closed within 0.5% of list price and a sub 5% capitalization rate.
Osborne represented the sellers in each of the deals.
Colliers’ Ron Osborne will continue to look for prime locations to expand the chain in Broward County, as well as Gainesville and Tallahassee in the next year. CLICK ON THE HEADLINE FOR MORE
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