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FRIEDMAN SELLS A 20,927 SF RETAIL BUILDING IN DAVIE, FLORIDA

FRIEDMAN SELLS A 20,927 SF RETAIL BUILDING IN DAVIE, FLORIDA

Deerfield Beach, Florida (September 5, 2018)  – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold University Professional Plaza, a 20,927 retail building located at 2750-2790 N. University Drive in Davie, Florida. Davie 55, LLC sold the building to Brightmed Health Institute LLC.

Will Ramirez, Associate, and Daniel Otten, Vice President, Brokerage Services at Friedman represented the seller in this transaction.

“The sale of this property to Brightmed was the best possible user for this distressed asset in the City of Davie. Centrally located to hospitals, retail, and housing the upside is basically endless for the user,” said Will Ramirez.

“This sale represents the strength and demand in the market for all asset classes. Friedman’s significant experience with marketing distressed assets resulted in a record breaking sale,” said Daniel Otten.

ABOUT FRIEDMAN REAL ESTATE

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Real Estate 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 11,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives.

For more information, please visit: www.friedmanrealestate.com.