FRIEDMAN SELLS 12,095 SF RETAIL CENTER IN HOMOSASSA, FLORIDA

Posted on January 2, 2018

Deerfield Beach, Florida (January 2, 2018) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold Sugarmill Square, a 12,095 square foot retail center situated on 2.9 acres located at 8361 S Suncoast Blvd in Homosassa, Florida.

Daniel Otten, Vice President, Brokerage and Advisory Services at Friedman represented the seller in this transaction. This is another great example of how Friedman’s national marketing and unique approach to finding buyers allowed the seller to be under contract within 60 days of listing the property with Friedman. This property had been on and off the market for more than 18 months prior to listing with Friedman’s Florida Office.

“This sale represented a great opportunity for the buyer to purchase an income producing property with multiple tenants for below replacement cost and gave the seller a sale price that was above recent comparable in the market. A win win for all parties involved. ” said Otten.

ABOUT FRIEDMAN INTEGRATED REAL ESTATE SOLUTIONS

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.

Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 10,000 apartment homes throughout Florida and the United States. Headquartered in Farmington Hills, Michigan, Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions.