South Florida’s top deals: Sterling offloads Broward retail at 24% gain

by Mary Diduch

🏆 Commercial: The top commercial sale to hit records in South Florida was in Coral Springs and Margate, where the Sterling Organization, based in West Palm Beach, offloaded an Aldi-anchored retail center for $46.3 million. The addresses of the complex are: 3200-3470 Northwest 62nd Avenue in Margate, 6166-6210, 6200, 6198 West Sample Road in Coral Springs and Northwest 62nd Avenue in Coral Springs. The buyer was an affiliate of Nuveen Real Estate. 🏆 Residential: Palm Beach had the top home sale to come online. Gary and Kalynn Smith — he is the former COO of Red Bull — dropped $55.2 […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
Eric Reikenis

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