NAI Miami | Fort Lauderdale Facilitated a $3.25M Sale-Leaseback for Native Tree Service

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Miami, FL – 23 October 2024 – NAI Miami | Fort Lauderdale is pleased to announce the successful facilitation of a $3,250,000 sale-leaseback transaction for Native Real Estate LLC, represented by Robert Eckstein, Partner, and Craig Merlin, Associate.

The property, located at 15733 SW 117th Avenue, Miami, FL 33177, consists of a 4,732-square-foot industrial building on a 1.55-acre parcel, and was sold to Mazal Capital LLC, represented by Roberto Susi and Jose Sasson from Axiom Capital Advisors.

“The client was able to unlock capital from their real estate, allowing them to further expand their business,” said Eckstein.
Merlin added, “This transaction demonstrates how a sale-leaseback can serve as a powerful tool for businesses looking to capitalize on their real estate assets while still maintaining operational control.”

Native Tree Service, with over 40 years of experience, specializes in landscaping for municipal and government facilities, as well as high-end residential and commercial properties across South Florida.

“We couldn’t be happier with the level of service from NAI Miami | Fort Lauderdale,” said Jason Rivera of Native Tree Service. “Their expertise and guidance helped us maximize our return resulting in the best possible outcome for our business.”

For additional information on this transaction or other opportunities, please visit our website: www.naimia-ftl.com

About NAI Miami | Fort Lauderdale
Headquartered in the Dadeland Area of Miami, with additional offices in the Doral/Airport area, Downtown Coral Gables and Downtown Fort Lauderdale, NAI Miami | Fort Lauderdale has been a market-leading, full-service commercial real estate brokerage firm since 1996, providing exceptional service and expertise in the South Florida Market. We are independent owner-operated and locally grown, with the freedom to act quickly and creatively on your behalf. With more at stake than traditional firms, NAI Miami | Fort Lauderdale takes your business personally and is committed to providing the highest level of service and smart execution.

At NAI Miami | Fort Lauderdale we possess the multiple disciplines required of a full-service real estate firm with expertise in sales and acquisitions, leasing, management, financing, planning, zoning, litigation support, and forensic real estate analysis. We serve our clients with a single point of contact that effectively delivers a variety of strategic and tactical solutions across platforms. We understand the realities of today’s business world. The bottom line – we know that when we deliver results to our clients, we all benefit. To learn more, visit www.naimia-ftl.com.

About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting, and related advisory services. NAI Global member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe, and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges. To learn more, visit www.naiglobal.com.

NAI Miami | Fort Lauderdale Completes the Second Sale in The City of Pinecrest in Just Three Months

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Miami, FL – 2 October 2024 – NAI Miami | Fort Lauderdale, a member of the world’s premier managed network of commercial real estate firms, announces the sale of 9627 South Dixie Highway, Pinecrest, FL 33156, marking it the second completed transaction in the Pinecrest market within three months. The property is a two-story, 6,840-square-foot office building on a 0.333-acre land parcel fronting South Dixie Highway.

Jeremy S. Larkin, CEO, Joseph Gallaher, Partner, and Valentina Tawil, Junior Broker of NAI Miami | Fort Lauderdale represented the seller, JHCH Investments, LLC.

“The $4,300,000.00 sales price, which equates to approximately $629.00 per square foot, continues to demonstrate the demand for small office buildings in the Pinecrest and Palmetto Bay markets,” said Larkin.

“The buyer’s acquisition of the property as an owner-user highlights a growing trend among businesses to invest in their real estate, reflecting a desire for stability and control in an evolving market.” Tawil mentioned.

This latest transaction highlights the team’s continued momentum in the Pinecrest market. Currently, the team is actively marketing two additional office buildings and one retail property, further solidifying their presence in the area. The buildings are:

  1. 9769 South Dixie Highway: A 6,817-square-foot, two-story office building on an 8,712-square-foot lot.
  2. 9703 South Dixie Highway: A 9,912-square-foot, two-story office building on a 14,465-square-foot lot.
  3. 9799 South Dixie Highway: A 3,604-square-foot retail building on a 16,091-square-foot corner lot.

NAI Miami | Fort Lauderdale continues to lead in facilitating transactions and is recognized for its industry knowledge, dedication, and professionalism.