Roalga LLC & Shoppes On University Acquires Tamarac Retail Property For $14.4M

A retail property located at 5716 North University Drive in Tamarac has been sold for $14,400,000. The property spans an area of 93,599 square feet, resulting in a price per square foot of $153. The transaction took place on March 12, 2020, with the buyer being Roalga LLC & Shoppes On University LLC, represented by Alberto Dayan. The seller in this deal was RM Tamarac Plaza LP. The transaction was facilitated by brokers David Donnellan and Patricia Friend from CBRE.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $14,400,000
• Address: 5716 North University Drive
• Market: Tamarac
• Asset Type: Retail
• Square Footage: 93,599
• Price per Square Foot: $153
• Buyer: Roalga LLC & Shoppes On University LLC - Alberto Dayan
• Seller: RM Tamarac Plaza LP
• Brokers: David Donnellan & Patricia Friend - CBRE

This transaction marks the successful sale of the retail property, highlighting the involvement of the buyer, Roalga LLC & Shoppes On University LLC, as well as the seller, RM Tamarac Plaza LP. The deal was facilitated by brokers David Donnellan and Patricia Friend from CBRE. The transaction underscores the vibrant real estate market in Tamarac.