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Q.V.H. Corp. Acquires Cypress Run Marketplace In Coral Springs For $21.32M

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SOLD
$21,320,000

Florida

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Retail93,843 SF
Sold 12/13/2023
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Property Image
SOLD

Q.V.H. Corp. Acquires Cypress Run Marketplace In Coral Springs For $21.32M

10599 West Atlantic Boulevard

See Similar Deals
Retail93,843 SF
Sold 12/13/2023
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$227
Total Square Footage:93,843 SF
Transaction Type:Sale

Cypress Run Marketplace, a Walmart-anchored retail center located at 10599 West Atlantic Boulevard in Coral Springs, has been sold for $21.32 million. The property spans across 9.6 acres and consists of a total of 93,843 square feet. Under the ownership of Continental Realty Corp, it achieved full occupancy and experienced an increase in value from its previous sale price of $13.6 million in 2015.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $21,320,000
  • Address: 10599 West Atlantic Boulevard
  • Market: Coral Springs
  • Acreage: 9.6
  • Square Footage: 93,843

The buyer of Cypress Run Marketplace is Q.V.H. Corp., represented by Rolando Hernandez. The seller, Continental Realty Corp, was represented by Casey Rosen, Dennis Carson, and Sriram Rajan from CBRE. The transaction was facilitated by lender U.S. Century Bank.

Players

Dennis Carson
14 deals$419.3M volume
BROKER

Casey Rosen
CBRE
15 deals$419.9M volume
BROKER

Sriram Rajan
CBRE
1 deal$21.3M volume(305) 779-3148
BROKER

Continental Realty Corporation
BROKERAGE



Details

SOLD
IMAGE: Casey Rosen, Haley Donato, Dennis Carson & Sriram Rajan DATE: 12/13/2023 ADDRESS: 10599 West Atlantic Boulevard MARKET: Coral Springs ASSET TYPE: Retail ~ ACRES: 9.6 BUYER: Q.V.H. Corp. - Rolando Hernandez SELLER: Continental Realty Corp (@CRCRealty) - Haley Donato (@HaleyDonato11) BROKERS: Casey Rosen, Dennis Carson & Sriram Rajan - CBRE (@CBRE) LENDER: U.S. Century Bank (@USCenturyBank) SALE PRICE: $21,320,000 SF: 93,843 ~ PPSF: $227 NOTE: Cypress Run Marketplace, a Walmart-anchored retail center in Coral Springs, has been sold for $21.32 million to Q.V.H. Corp. The property, previously owned by CR Cypress LLC, gained value from its 2015 price of $13.6 million, achieving full occupancy under Continental Realty Corp.'s ownership.

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