Perkins Realty expands South Florida commercial portfolio with $27M buy
Perkins Realty Management boosted its South Florida commercial real estate portfolio by acquiring a Coral Springs medical office and retail plaza for $26.5 million. An affiliate of Deerfield Beach-based and Lynn, Massachusetts-based Perkins Realty, led by Andrew Perkins, bought Esplanade Center at 901-1001 University Drive, records and real estate database Vizzda show. The off-market deal breaks down to $333 a square foot for the 79,381-square-foot facility completed in 1988. Perkins Realty obtained $23.9 million in financing from the seller, an affiliate of Miami-based Game Properties, led by Katrina and Karina Garcia, records and Vizzda show. The buyer paid nearly $22 […]This article originally appeared on The Real Deal. Click here to read the full story.
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