RK Centers Acquires Retail Property In Davie For $28.7 Million

Located in Davie, the retail property at 5800 South University Drive was recently sold for $28,700,000. The transaction was completed on January 11, 2022. The property covers an area of 10.3 acres and offers 79,746 square feet of space. The price per square foot for this deal was $360.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: $28,700,000
• Address: 5800 South University Drive
• Market: Davie
• Acreage: 10.3
• Square Footage: 79,746

RK Centers purchased the property from Edens in this transaction. The deal was facilitated by Dennis Carson of CBRE, who represented the buyer. This sale marks another successful transaction for Carson and CBRE.