NAI Miami | Fort Lauderdale Successfully Completes Fifth Sale in Pinecrest in 12 months

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Miami, FL – 19 August 2025 – NAI Miami | Fort Lauderdale announces the completed sale of 9799 South Dixie Highway, Pinecrest, FL 33156, marking the fifth and final transaction in a series of property sales within the Pinecrest market over the past year.

The property is a one-story, 3,604-square-foot retail freestanding building on a 16,091-square-foot parcel fronting South Dixie Highway, offering strong visibility in a high-traffic corridor. The asset sold for $3,452,000.00.

The seller, 9799 South Dixie, LLC was represented by NAI Miami | Fort Lauderdale’s team: Jeremy S. Larkin, Partner | Co-Chairman; Joseph Gallaher, Partner; and Valentina Tawil, Associate. The buyer, Ozar Five Centers, LLC, was represented by Derek Varona of Sea Grove Realty.

“This site has a long-standing presence in the community, originally as a Firestone location and most recently operating as Tire Squad,” said Tawil. “The buyer recognized strong local demand for quality tire and auto services, particularly in the Pinecrest area. Their plan is to rebrand the business and position it as a premium destination, capitalizing on continued absorption and stability in this retail segment.”

This closing follows four prior sales within the same block, which is adjacent to NAI Miami | Fort Lauderdale’s headquarters:

  • 9771 South Dixie Highway – June 2024
  • 9627 South Dixie Highway – October 2024
  • 9703 South Dixie Highway – December 2024
  • 9769 South Dixie Highway – February 2025

“We are pleased to generate these positive results for our client”, stated Larkin. “This last property proved to be challenging because of zoning changes within the Village of Pinecrest. It required extensive discussions with local zoning and planning officials with which we have a well-established relationship to understand how to move the sale forward.”

With this sale, the team has successfully wrapped up its targeted Pinecrest transactions, reinforcing the firm’s market expertise and transaction management capabilities. The team is now actively seeking new opportunities across South Florida.

For more information, visit www.naimia-ftl.com.

NAI Miami | Fort Lauderdale Facilitates $52M Sale of Class A Industrial Property in Hialeah

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Miami, FL – 30 July 2025 – NAI Miami | Fort Lauderdale is pleased to announce the successful sale of a premier industrial asset located at 16300 NW 97th Avenue in Hialeah, Florida, for $52 million. The buyer, represented by Gabriel Garcia-Menocal, SIOR, Executive Vice President at NAI Miami | Fort Lauderdale, purchased the property from East Capital Partners, co-founded by Drew T. Dewitt and David Archibald, and represented by Devin White, Executive Vice President at CBRE.

The 171,178-square-foot property was recently completed and delivered as a modern distribution facility tailored for high-demand logistics and industrial users. Located in one of South Florida’s most competitive industrial submarkets, the asset drew significant interest for its scalability, accessibility, and construction quality.

“This property presented a rare opportunity in a highly sought-after industrial submarket. We’re proud to have delivered a modern facility that meets the needs of today’s top-tier operators,” said Archibald, “We are thankful to Devin from CBRE, our financial partner, VlietCo Enterprises, and lender, FirstBank Florida, for their backing as well as our development team, Miller Construction, Langan Engineering, and Arcadis Architects.”

“East [Capital Partners] selected an experienced general contractor and design team who delivered an exceptional building,” said Michael Seay, PE, Principal at J Squared Consulting, due diligence and engineering consultant to Buyer. “That made the due diligence and closing process seamless.”

The transaction was also supported by professionals assisting the buyer, Rolando Sanchez-Medina Jr. and Michael A. Montiel of SMGQ Law and Robert Garcia of Popular Bank, who managed the financing. “Collaborating with this Due Diligence team was a genuinely rewarding experience”, said Sanchez-Medina. “The team’s shared commitment to excellence was evident at every stage of the transaction. It was a pleasure to work with such dedicated professionals.”

“We were honored to represent the buyer in securing this best-in-class asset,” said Garcia-Menocal. “This acquisition not only supports the buyer’s continued expansion efforts but reinforces their presence in South Florida.”

Gabriel Garcia-Menocal, SIOR, serves as Executive Vice President at NAI Miami Fort Lauderdale. With over 30 years of combined experience in real estate brokerage, construction, development, valuation, and consulting, he brings deep expertise to the South Florida commercial real estate market. Mr. Garcia-Menocal is known for his leadership, professionalism, industry knowledge, and commitment to representing buyers, sellers, landlords, and tenants across all classes of industrial and office properties. For more details about Mr. Garcia-Menocal, his team, and the services offered by NAI Miami Fort Lauderdale, visit 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 Closes $1.47M Sale of Former Pizza Hut Site in Homestead, FL

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Miami, FL – 14 May 2025 – Robert Eckstein and Joseph Gallaher, Partners of NAI Miami | Fort Lauderdale, represented the seller, Frances Family Trust in the $1,475,000.00 sale of a former Pizza Hut restaurant in Homestead, Florida. The buyer, JJ Valle, LLC, acquired the site and was represented by local sales agent Nancy O’Brien of The Keyes Company.

The property, located at 25 North Homestead Boulevard, consists of 0.62 acres and features a 3,564-square-foot, freestanding, second-generation restaurant building. With direct frontage along South Dixie Highway (N Homestead Blvd), the site offers exceptional visibility and access in a key commercial corridor between Homestead and Florida City.

“I’m delighted to have worked with the Frances Family as they have owned this property for almost 40 years,” said Robert Eckstein. “They realized that selling this property at this point and time was what was best for them and their children.”

The sale reflects a growing interest in redevelopment opportunities across Homestead. NAI Miami | Fort Lauderdale is currently representing several additional land listings in the area.

“This transaction underscores the vitality of Homestead’s retail sector beyond the Campbell Drive and Turnpike intersection,” said Joseph Gallaher. “With the water moratorium now lifted and increased interest in our other land listings, we anticipate an acceleration of ground-up development along the South Dixie corridor in the coming year.”

Located adjacent to the sold site is a 2.72-acre ground lease offering triple frontage along S. Dixie Highway, E. Mowry Drive, and NE 6th Avenue. This highly trafficked intersection presents a significant opportunity for investors and developers seeking long-term value in a growing submarket.

For more information about this transaction or other investment opportunities, please visit 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 Expands Team with Broker Additions in Miami-Dade County

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Miami, FL – 1 May 2025 – NAI Miami | Fort Lauderdale is pleased to announce the expansion of its commercial real estate presence in Miami with four new brokers: Rafael L. Lopez, Vice President, Richard D. Sincore, Vice President, Gabriel Guillen, Associate, and Martin Verdezoto, Associate. The brokers will be based across the firm’s headquarters in Pinecrest and Doral offices, reinforcing NAI’s growing presence in the South Florida market.

“We are pleased to have these four very different, very dynamic individuals join our team.” said Joseph Gallaher, Partner and Broker Sales Manager at NAI Miami | Fort Lauderdale. “Their energy, expertise and client-first approach align perfectly with our firm’s values, and we are excited to see how our clients will benefit from this added depth of talent & knowledge.”

With over 23 years of experience, Rafael L. Lopez specializes in commercial real estate investments in sectors such as multifamily, industrial, retail office assets. Being a previous Managing Broker to his own firm, his expertise includes business development, marketing, negotiating, transaction management, market research, financial analysis, planning, and property management.

Richard D. Sincore joins with over 20 years of experience and a strong track record in commercial real estate, alternative investments, and capital markets, bringing deep expertise in complex deal structuring, fund syndication, and high-value client advisory. Sincore relocated from a previous NAI Global office, NAI Southcoast and continues to join the NAI firm in Miami.

Associates, Gabriel Guillen and Martin Verdezoto, both recent graduates, are familiar faces at NAI Miami | Fort Lauderdale, having launched their careers as brokerage interns with the firm. Now returning as full-time associates, they will work closely with the Doral industrial team, supporting clients and transactions throughout South Florida.

“Gabriel and Martin are very energetic individuals with a lot of wit and grit. They are fast learners with a natural disposition to serve our clients,” said Gabriel Garcia-Menocal, SIOR, Executive Vice President at NAI Miami | Fort Lauderdale. “They’re off to a great start—their future looks bright.”

As NAI Miami | Fort Lauderdale continues to grow its footprint in the South Florida region, the firm remains committed to investing in strong, driven professionals who will contribute to its long-term success.

To learn more about the new brokers, please visit our website at: www.naimia-ftl.com/team/ and for more information on brokerage opportunities throughout our four South Florida offices, please contact Jackie Mullin at

jm*****@na******.com











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NAI Miami | Fort Lauderdale Sold $2.6M Retail Buildings on North Flagler Avenue

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Miami, FL – 21 April 2025 – Edward Schmidt, CCIM, SIOR, Co-Chairman and Craig Merlin, Vice President of NAI Miami | Fort Lauderdale, represented the seller, 1106, LLC. in the $2,602,250.00 sale of retail buildings located at 1106-1122 North Flagler Avenue, Homestead, FL 33030, to Mohammad Bhuiyan, represented by Faisal Awan and Fuad Azadi from Realty One Group Plus.

The property consists of three one-story retail buildings totaling 10,308 square feet on a 0.87-acre land parcel along North Flagler Avenue, a main thoroughfare that runs north-south through the city of Homestead, serving as a major artery for traffic and commerce.

“This acquisition is located in a rapidly growing area of Homestead which is seeing a lot of development on the residential and retail sides,” said Merlin.

“The buyer is positioned to continue receiving good income on the purchase with an option to redevelop in the future,” added Schmidt.

This transaction reflects the on-going investor demand for income-producing retail assets in evolving South Florida markets.

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.

apocalypse bbq

Apocalypse BBQ to expand at Kendall Village Plaza

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Miami, Florida – 27 January 2025 – NAI Miami | Fort Lauderdale is proud to announce the expansion of Apocalypse BBQ owned by Jeff Budnechky. Represented by Joe Gallaher, Valentina Tawil, and Jeremy S. Larkin, the concept will be expanding to the freestanding building at 8695 SW 124th Avenue, Miami, FL 33183, located in Kendall Village Plaza, owned by Berkowitz Development Group.

Apocalypse BBQ, known for its bold flavors and authentic smoked meats, will double its size to 4,500 square feet from their current space at Killian Greens Golf Club on March 1st, 2025. “We heard you guys [social media fans] loud and clear,” said Budnechky. “Can’t tell you how many comments I read and how many people told us, ‘We need a bigger space’.”

“We are thrilled to welcome Apocalypse BBQ to Kendall Village Center,” said Berkowitz. “They join a dynamic mix of retail, restaurant and entertainment offerings, and we look forward to welcoming their diehard fans.”

The new location will feature outdoor space for expanded production, a larger kitchen, an expansive dining area, and a full bar. Designed by Chris Vidal and Brett Serfozo of Gershen & Associates, the project is undergoing a comprehensive approval process with expertise provided by Paulina Begliomini with PB Restaurant Partners and legal guidance provided by Graham Penn at Bercow Radell Fernandez Larkin and Tapanes.

“With external wood smokers being essential to the Apocalypse brand, we had a real challenge finding a space in Kendall that was zoned appropriately and had a landlord willing to provide outdoor space for the increased production,” said Gallaher. “Thankfully, with Jeff’s infectious positivity, the right opportunity became available in the heart of where he wanted to be. Not only was the space ideal but the Berkowitz family were incredibly wonderful to work with.”

The location will eventually include an expanded smoking area, doubling the number of smokers essential to Apocalypse BBQ’s signature flavor and supporting the larger footprint.

“NAI Miami | Fort Lauderdale ensured our client achieved the best possible outcome despite challenges,” said Tawil. “Like Jeff stated in his video, ‘We got something big for you.’”

For more information about Apocalypse BBQ, visit apocalypsebbq.com. To learn more about NAI Miami | Fort Lauderdale’s services, please visit naimia-ftl.com.

About Apocalypse BBQ

Founded by Jeff Budnechky, Apocalypse BBQ has become a local favorite for its dedication to authentic barbecue, innovative menu items, and community engagement. The restaurant is dedicated to delivering exceptional quality, bold flavors, and an experience that transcends the ordinary. Visit apocalypsebbq.com for more information.

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 a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.

NAI Miami | Fort Lauderdale Successfully Completes Third Sale in Pinecrest Within Six Months This Time, Representing Buyer and Seller

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Miami, FL – 20 December 2024 – NAI Miami | Fort Lauderdale announces the completed sale of 9703 South Dixie Highway, Pinecrest, FL 33156, making it the third completed transaction in the Pinecrest market within six months. The property is a two-story, 9,192-square-foot office building on a 0.332-acre land parcel fronting South Dixie Highway.

Jeremy S. Larkin, CEO, Joseph Gallaher, Partner, Valentina Tawil, Junior Broker of NAI Miami | Fort Lauderdale represented the seller, 9703 Dixie, LLC. Robert Eckstein, Partner of NAI Miami | Fort Lauderdale represented the buyer.

The $2,250,000 sales price reflects the significant capital investments planned for infrastructure and modernization of the office building to bring the property to market-ready condition.
“The buyer intends to use the space for a family office and lease the remaining space to small third-party office users,” said Tawil.

Within the past six months, the brokerage firm also sold 9771 South Dixie Highway in October and 9627 South Dixie Highway in June of 2024.

“The demand for small office buildings in the Pinecrest market remains strong, reinforcing the ongoing shortage of inventory,” said Larkin. “We are pursuing additional inventory to bring to market to meet the needs of active buyers.”

The team continues to actively market additional properties in the immediate area, including:

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

NAI Miami | Fort Lauderdale continues to lead in facilitating transactions and is recognized for its industry knowledge, dedication, and professionalism. For more information on these properties or the team, visit www.naimia-ftl.com.

Fully Leased American Plaza

NAI Miami | Fort Lauderdale Fully Leases American Plaza in South Miami-Dade

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Miami, FL – 3 December 2024 – NAI Miami | Fort Lauderdale proudly announces the signing of the latest lease to bring American Plaza to 100% occupancy. American Plaza is a newly constructed 18,026-square-foot retail plaza located at 11045 SW 216th Street Cutler Bay, Florida.

Jeremy Larkin, Co-Chairman, along with Jake Guso and Craig Merlin, Associates of NAI Miami | Fort Lauderdale, represented the landlord, G & P Commercial, LLC, and assisted with the planning, development, construction, and leasing of the property that began in January 2020.

“We are thrilled to see American Plaza fully leased,” said Larkin. “Transforming the site from raw land into a fully leased retail plaza shows our dedication to delivering exceptional results to our clients.”

“The tenants benefit from excellent frontage on SW 216th Street,” said Merlin, “with consistent traffic from commuters entering and exiting Florida’s Turnpike and the redevelopment of the 80-acre Southland Mall site located half a mile away.”

American Plaza is located between South Dixie Highway (US 1), and Florida’s Turnpike with approximately 156 feet fronting SW 216th Street. American Plaza serves a dense residential community with a total of 17 tenants including Domino’s Pizza, Nel & Shey Medical Center, Pack & Ship Express, and more.

For more information on leasing, please visit: https://naimia-ftl.com/.

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.