Shai Moschowits & Lior Cohen Of Present Equity Acquire Retail Asset In Casselberry For $13.88M

The retail asset located at 900-980 Florida Highway 436 in Casselberry was sold for $13,875,000. The property spans a total of 96,946 square feet and the price per square foot is approximately $143. The transaction includes the acquisition of 2 vacant outparcels totaling 1.56 acres, designated for development.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $13,875,000
• Address: 900-980 Florida Highway 436
• Market: Casselberry
• SF: 96,946
• PPSF: $143
• Buyer: Shai Moschowits & Lior Cohen - Present Equity
• Seller: Daryl Carter
• Seller's Representative: Dennis Carson - CBRE

This transaction marks Present Equity's third asset purchase in the last 18 months, following their notable acquisition of the 156,000 square foot Uptown at Altamonte for $36.5 million in an all-cash deal. The firm continues to recycle capital back into value-add investments, having recently sold multiple small bay warehouse assets in alignment with its investment strategy in Central Florida.