CK Holding Group Acquires Retail Property In Fort Lauderdale For $10.5M

Located in Fort Lauderdale, the retail property at 4505-4599 North Pine Island Road was recently sold for $10,500,000. Spanning a total area of 103,991 square feet, the property was acquired by CK Holding Group, represented by Alberto & Shlomo Kamhazi. The seller, Skyland Management, was represented by Don Ginsburg of Katalyst Real Estate & Development. The transaction was facilitated by Todd Nepola and Caio Martin of Current Capital Real Estate Group, who acted as the buyer's representatives.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,500,000
• Address: 4505-4599 North Pine Island Road
• Market: Fort Lauderdale
• Buyer: CK Holding Group - Alberto & Shlomo Kamhazi
• Seller: Skyland Management
• Buyer's Representative: Todd Nepola & Caio Martin - Current Capital Real Estate Group
• Seller's Representative: Don Ginsburg - Katalyst Real Estate & Development
• Square Footage: 103,991
• Price per Square Foot: $101

This transaction, which took place in January 2022, involved key individuals and companies in the real estate industry. The buyer, CK Holding Group, was represented by Alberto & Shlomo Kamhazi. On the other side of the deal, Skyland Management enlisted the services of Don Ginsburg. In addition, Todd Nepola and Caio Martin, from Current Capital Real Estate Group, provided their expertise as buyer's representatives. The successful sale of this retail property highlights the active real estate market in Fort Lauderdale.