Charles Rosner And Edward Rutkovsky Acquire Royal Eagle Plaza In Coral Springs For $60.5M
9190 Wiles Road
$60,500,000
$285/SF
Building Size
211,664 SF
Asset Type
Retail
Closing
Nov 4, 2025
AI
The retail property, located at 9100, 9180, 9184 & 9190 Wiles Road in Coral Springs, consists of 211,664 square feet on 11.7 acres. The sale price was set at $60,500,000, translating to a price per square foot of $286. The property is fully leased and anchored by tenants such as Hobby Lobby, Petco, and Aldi.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60,500,000
- Buyer: Charles Rosner - Carlyle Management Corp (151 County Road Realty & CED Realty); Edward Rutkovsky - Lisa Eagle LLC
- Seller: Christopher Conlon - Washington Prime Group
- Lender: Wells Fargo
- Mortgage Amount: $40,000,000
- Square Footage: 211,664
- Price per Square Foot: $286
- Market: Coral Springs
Charles Rosner represented Carlyle Management Corp, which includes 151 County Road Realty and CED Realty, while Edward Rutkovsky represented Lisa Eagle LLC in this transaction. The seller, Christopher Conlon, was part of Washington Prime Group during the sale.
Players
Coral Springs Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93