Providing property owners leasing solutions to maximize income produced, and stabilize assets for long term hold or future disposition.
We have the market pulse, and we establish a complete marketing strategy with advanced technology for all properties listed for sale.
Entrusted by private equity, family office, and individual investors to search for properties, and represented them on the acquisition or leasing of commercial property.
Involved in many assignments that require the stabilization and repositioning of under-performing properties for maximum return to investors.
Actively consulting property ownership groups and individuals in the acquisition and disposition of commercial real estate assets.
Miami, FL – 06/27/2023 – Otto Travieso announced the sale and purchase of EDAL Plaza, a retail shopping center in Naranja/Homestead, FL along South Dixie Highway. The property consists of 3 buildings totaling approximately 22,800 SF and sits on 2.41 acres with ample parking. The property has about 19 tenants which include a barber, insurance, medical and restaurant to name a few. Rents are well below market and allow the buyer to add value. The Buyer will increase rents and utilize the property as a covered land play while design and planning are done for a future multifamily project. This South Dixie Highway/US-1 corridor is booming with multifamily developments. This property had a significant amount of demand with several offers within the first few weeks. The accepted contract closed at $4.5M. This property was marketed and sold from start to finish in less than 5 months. Otto Travieso of Real Capital Partners LLC represented both the Seller and Buyer as a transaction broker.
Leased 55,750 SF of industrial space at market rate.
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