Trifon Houvardas Of Foresight Property Services Acquires Retail Center In Cape Coral For $12.3M

The property involved in the transaction is an 8.26-acre retail asset located at 2354 Surfside Boulevard, Cape Coral, FL, known as The Shops at Surfside. The shopping center spans 117,556 square feet and was sold for $12,300,000, which translates to a price per square foot of $105.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,300,000
• Address: 2354 Surfside Boulevard, Cape Coral, FL
• Square Footage: 117,556 SF
• Price per Square Foot: $105
• Buyer: Trifon Houvardas - Foresight Property Services
• Broker: Daniel Gonzalez - Matthews

Trifon Houvardas, acting as the owner of Foresight Property Services, successfully acquired the shopping center, which is fully occupied and includes anchors like Belk and Anytime Fitness. This acquisition allows the buyer to leverage the stabilized retail asset within a developing market in Southwest Florida.