Stiles Corporation Acquires Retail Property In Pompano Beach For $30M

The retail property located at 3301-3573 North Federal Highway in Pompano Beach was sold in a transaction involving the Stiles Corporation as the buyer and Partridge Equity Group as the seller. The deal was facilitated by Howard Bregman from Marcus & Millichap. The sale price for the property was $30,000,000, with a total square footage of 205,467 and a price per square foot of $146.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,000,000
• Buyer: Stiles Corporation
• Seller: Partridge Equity Group
• Broker: Howard Bregman - Marcus & Millichap
• Address: 3301-3573 North Federal Highway
• Market: Pompano Beach
• Square Footage: 205,467
• Price per Square Foot: $146

Howard Bregman, representing Marcus & Millichap, played a key role in facilitating the transaction between the Stiles Corporation and Partridge Equity Group. The successful deal underscores the significance of experienced brokers in navigating complex real estate transactions, ensuring a mutually beneficial outcome for both the buyer and the seller.