Say Investments Acquires Forum Plaza In Sunrise From Michael Saba For $6,641,250

The asset involved in this transaction is Forum Plaza located at 8550 Northwest 44th Street in Sunrise, with a sale price of $6,641,250. The property encompasses 31,625 square feet and has a price per square foot of $210.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,641,250
• Buyer: Say Investments
• Seller: Michael Saba
• Brokers: Elon Gerberg & Adam H. Klein - Vision Real Estate Advisors
• Square Footage: 31,625
• Price Per Square Foot: $210
• Market: Sunrise

Elon Gerberg and Adam H. Klein from Vision Real Estate Advisors represented the parties in this successful transaction. Vision Real Estate Advisors showcased the property's potential by emphasizing the foot traffic generated by the neighboring family fun center and bowling alley, ultimately securing a competitive bidding environment. The team achieved a $325,000 non-refundable hard deposit at contract and facilitated a rapid closing, meeting the needs of both the buyer and seller.