Sterling Organization Acquires Retail Property In Margate, Coral Springs For $37.4M

The retail property located at 3300 NW 62nd Ave in Margate, Coral Springs has been sold for a total price of $37,400,000. The property spans an area of 171,299 square feet, resulting in a price per square foot of $218. The sale took place on May 29, 2022, and the buyer of the property is Sterling Organization, represented by Jordan Fried. The seller of the property is Coral Landings Property Corp.

Summary of Transation Details

• Property Type: Retail
• Transaction Amount: $37,400,000
• Address: 3300 NW 62nd Ave
• Market: Margate, Coral Springs

Jordan Fried, representing Sterling Organization, played a key role as the buyer in this transaction. Coral Landings Property Corp, on the other hand, acted as the seller. This deal showcases the involvement of these individuals and companies in the sale of the retail property.