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CITY OF OAKLAND PARK REAL ESTATE ACTIVITY REPORT | NOVEMBER 2020 REAL ESTATE SNAPSHOT – YTD November 2020 INVENTORY (SF) AVAILABILITY (SF) VACANCY RATE ASKING RENT/SF AVG SALES PRICE/SF OFFICE 2.3 MILLION 332K 14.5% $29.16 GROSS $207 RETAIL 2.5 MILLION 187K 4.2% $22.71 NNN $185 INDUSTRIAL/FLEX 4 MILLION 128K 12.8% $13.00 NNN $143 This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved.

REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

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Page 1: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

CITY OF OAKLAND PARK REAL ESTATE ACTIVITY REPORT | NOVEMBER 2020

REAL ESTATE SNAPSHOT – YTD November 2020

INVENTORY (SF) AVAILABILITY (SF) VACANCY RATE ASKING RENT/SF AVG SALES PRICE/SF

OFFICE 2.3 MILLION 332K 14.5% $29.16 GROSS $207

RETAIL 2.5 MILLION 187K 4.2% $22.71 NNN $185

INDUSTRIAL/FLEX 4 MILLION 128K 12.8% $13.00 NNN $143

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy

and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising

there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved.

Page 2: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

2 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR LEASE :: OFFICE

Property Name/ Property Address

Available Space (SF)

Rent/SF/Year Leasing Information Building Class

Building Status

Radice III - 1000 Corporate Dr

61,821 $19.00 Cushman & Wakefield

(954) 377-0466

A Existing

Cypress Financial Center - 5900 N Andrews Ave

Direct 55,830

Sublease 13,772

$21.50 Cushman & Wakefield

(954) 377-0488

A Existing

800 E Cypress Creek Rd - 800 E Cypress Creek Rd

18,824 $16.00 - 17.50 Equistone Partners

(954) 239-7842

B Existing

Coral Ridge Office Center - 3696 N Federal Hwy

16,879 $18.00 - 30.00 N.E.G. Property Services, Inc.

(954) 491-2281

B Existing

3101 N Federal Hwy - 3101 N Federal Hwy

16,800 $20.00 - 30.00 Level Realty

(954) 372-7280

B Existing

5601 N Dixie Hwy - 5601 N Dixie Hwy

15,331 $24.00

Berger Commercial Realty Corp/CORFAC International

(954) 652-2020

C Existing

Fort Lauderdale Crossings at OCC - 3515 Powerline Rd

15,000 Not Disclosed JLL

(954) 653-3222

B Proposed

Commercial Place I - 3230 W Commercial Blvd

Direct 12,761

Sublease 1,305

$18.50 ComReal Fort Lauderdale

(954) 385-0000

A Existing

Radice Corporate Center I - 600 Corporate Dr

12,638 $18.50 Cushman & Wakefield

(954) 377-0466

A Existing

Capital Square - 1799 W Oakland Park Blvd

10,254 $18.00 Coldwell Banker Residential Brokerage

(954) 914-6339

B Existing

Building 600 - 3223 NW 10th Ter

9,926 Not Disclosed Nexvel Properties LLC

(561) 331-6465

B Existing

Page 3: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

3 Real Estate Activity Report | November 2020 | City of Oakland Park

The Diamond Bld - 2701 W Oakland Park Blvd

9,293 $17.50 - 18.50 Skye Louis Realty

(561) 571-1147

A Existing

Building 400 - 3317 NW 10th Ter

8,022 Not Disclosed Nexvel Properties LLC

(561) 394-8098

B Existing

4331 - 4331 N Federal Hwy

7,628 $28.00 - 29.00 Bonvie Realty & Development

(954) 232-8494

B Existing

1400 Building - 1400 E Oakland Park Blvd

6,216 $21.00 RE/MAX FIRST (954) 368-8704

B Existing

Building 100 - 3115 NW 10th Ter

6,100 Not Disclosed Nexvel Properties LLC

(561) 394-8098

B Existing

4861 N Dixie Hwy - 4861 N Dixie Hwy

6,000 Not Disclosed Keller Williams Realty Professionals

(954) 361-5252

C Existing

Commercial Place II - 3250 W Commercial Blvd

5,629 $18.50 ComReal Fort Lauderdale

(954) 385-0000

A Existing

Monaco Center - 4141-4151 N Andrews Ave

5,000 $17.00 Monde Investments Inc

(954) 551-5534

C Existing

Prime Medical Center - 4055 N Andrews Ave

4,800 $22.00 Signature Commercial Real Estate

(561) 302-7864

C Existing

Monaco Bldg - 4101 N Andrews Ave

3,895 $17.00 - 18.00 Monde Investments Inc

(954) 551-5534

B Existing

Building 200 - 3215 NW 10th Ter

3,815 Not Disclosed Nexvel Properties LLC

(561) 394-8098

B Existing

3500 Building - 3500-3580 NE 12th Ave

2,850 $27.00 Hugh Anderson Realty

(954) 240-2758

B Existing

3201 N Federal Hwy - 3201 N Federal Hwy

2,550 $30.00 Level Realty

(954) 372-7280

B Existing

Page 4: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

4 Real Estate Activity Report | November 2020 | City of Oakland Park

Three Oaks Office Plaza - 4520 NE 18th Ave

2,500 $10.00 Las Olas Real Estate Professionals

(954) 334-2255

B Existing

3075 W Oakland Park Blvd - 3075 W Oakland Park Blvd

1,850 $16.00 Current Capital Real Estate Group

(954) 966-8181

B Existing

Stonemart Plaza - 3809-3847 N Andrews Ave

1,370 $14.00 A1A Mini Storage and Warehouses

(954) 942-8680

B Existing

3550 Powerline Rd - 3550 Powerline Rd

1,300 $22.00 Conness Crissy Real Estate Advisors

(954) 955-9886

C Existing

Roselli Professional Bldg - 3471 N Federal Hwy

1,073 $25.00 Lee and Associates

(305) 235-1500

B Existing

4850 W Prospect Rd - 4850 W Prospect Rd

1,000 Not Disclosed SVN Commercial Realty

(954) 771-1212

B Existing

699 E Oakland Park Blvd - 699 E Oakland Park Blvd

765 $19.50 Interinvestments Realty

(305) 220-1101

C Existing

The Offices at Prospect - 75 NE 44th St

732 $18.00 Ciminelli Real Estate Services of Florida LLC

(561) 399-6746

C Existing

The Offices at Prospect - 87 NE 44th St

730 $18.00 Ciminelli Real Estate Services of Florida LLC

(561) 399-6746

C Existing

Page 5: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

5 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR LEASE :: INDUSTRIAL

Property Name/ Property Address

Available Space (SF)

Rent/SF/Year Leasing Information Building Type Building Status

Oakland Park Industrial - 1201 NE 38th St

28,000 $10.50 Butters Realty & Management

(954) 336-8001

Existing Distribution

3472 NE 5th Ave - 3472 NE 5th Ave

20,840 $18.00 Metro 1 Commercial

(305) 571-9991

Existing Warehouse

502-506 NE 43rd St - 502-506 NE 43rd St

14,240 $10.00 - 14.00 Level Realty

(954) 372-7280

Existing Warehouse

Bldg 1 & 2 - 511-545 NE 32nd St

14,000 $11.00 GRS Real Estate Services

(561) 313-2335

Existing Warehouse

519-533 NE 34th St - 519-533 NE 34th St

11,601 $18.00 Metro 1 Commercial

(305) 571-9991

Existing Warehouse

3600 NE 4th Ave - 3600 NE 4th Ave

11,600 $12.41 Montalbano Commercial Realty

(954) 321-6464

Existing Warehouse

4385 NE 12th Ter - 4385 NE 12th Ter

10,000 $13.00 Seaside Management

(954) 526-0830

Existing Manufacturing

Florande Center - 4281 N Dixie Hwy

8,300 $12.00 Florida Investment Realty

(954) 540-2577

Existing Service

Oakland Industrial Park - 1901-2091 NW 29th St

7,500 $10.50 - 11.00 Levy Realty Advisors, Inc.

(954) 491-5505

Existing Warehouse

Stevens Field Warehouse - 3901 NE 5th Ter

7,000 $12.00 Prime Property Advisors, LLC

(954) 592-7226

Existing Warehouse

4028-4046 NE 6th Ave - 4028-4046 NE 6th Ave

5,500 $14.04 - 15.00 Seaside Management

(954) 526-0830

Existing Warehouse

Page 6: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

6 Real Estate Activity Report | November 2020 | City of Oakland Park

4051-4055 NE 6th Ave - 4051-4055 NE 6th Ave

5,320 Not Disclosed VLJ Investment, llc (954) 608-7862

Existing Warehouse

5140-5212 NE 12th Ave - 5140-5212 NE 12th Ave

4,000 $10.00 Cypress Warehouse Systems

(954) 946-6088

Existing Warehouse

3501 NW 10th Ave - 3501 NW 10th Ave

4,000 Not Disclosed Nexvel Properties LLC

(561) 394-8098

Existing Warehouse

1044-1048 E Prospect Rd - 1044-1048 E Prospect Rd

3,700 $13.50 The Fitzgerald Group

(954) 760-9300

Existing Warehouse

2329-2331 NW 30th St - 2329-2331 NW 30th St

3,352 Not Disclosed Otten Realty

(954) 650-5550

Existing Warehouse

4800 NE 12th Ave - 4800 NE 12th Ave

2,400 $17.00 Lokation Real Estate

(954) 909-0393

Existing Warehouse

Five Y - Oakland - 3400 NE 2nd Ave

2,367 Not Disclosed IMC Equity Group (305) 527-7170

Existing Warehouse

Oakcrest Warehouses/5Y - 3420-3430 NE 2nd Ave

2,095 Not Disclosed IMC Equity Group (305) 527-7170

Existing Warehouse

5084-5094 NE 12th Ave - 5084-5094 NE 12th Ave

1,800 $13.75 The Fitzgerald Group

(954) 760-9300

Existing Light Distribution

4426 NE 8th Ave - 4426 NE 8th Ave

1,500 $14.00 United Realty Group

(954) 702-8855

Existing Light Distribution

Oakland Industrial Park - 2207-2261 NW 29th St

1,500 $12.00 Levy Realty Advisors, Inc.

(954) 491-5505

Existing Warehouse

792-800 NE 40th Ct - 792-800 NE 40th Ct

1,300 $23.08 Seaside Management

(954) 526-0830

Existing Warehouse

Page 7: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

7 Real Estate Activity Report | November 2020 | City of Oakland Park

4002-4018 NE 5th Ave - 4002-4018 NE 5th Ave

1,200 $13.50 Seaside Management

(954) 526-0830

Existing Warehouse

5042-5054 NE 12th Ave - 5042-5054 NE 12th Ave

825 Not Disclosed A1A Mini Storage and Warehouses

(954) 942-8680

Existing Warehouse

204-244 NE 33rd St - 204-244 NE 33rd St

725 $10.66 Mink & Mink, Inc. (954) 771-1717

Existing Warehouse

4700 NW 8th Ter - 4700 NW 8th Ter

440 $17.00 Berger Commercial Realty Corp/CORFAC

International (954) 358-0900

Existing Warehouse

1040 NE 44th Ct - 1040 NE 44th Ct

350 $12.50 Seaside Management

(954) 526-0830

Existing Warehouse

Bays at Floranada - 4530 NE 10th Ave

180 Not Disclosed Ciminelli Real Estate Services of Florida LLC

(561) 399-6746

Existing Warehouse

Page 8: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

8 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR LEASE :: RETAIL

Property Name/ Property Address

Available Space (SF)

Rent/SF/Year Leasing Information Building Type Building Status

3515 Powerline Rd - 3515 Powerline Rd

15,000 Not Disclosed JLL

(954) 653-3222

Freestanding Proposed

Bassett Furniture - 3550 N Federal Hwy

14,477 $25.00 The Rotella Group, Inc.

(954) 568-9015

Freestanding Existing

Three Lakes Plaza - 3100-4661 W Commercial Blvd

14,000 $20.00 - 23.00 Elysee Investments

(305) 904-0414

Retail Existing

Oakland Park Festival Centre - 3400-3570 N Andrews Ave

10,000 Not Disclosed Atid Investments Llc

(954) 565-5501

Retail Existing

The Shoppes of Oakland Forest - 2901 W Oakland Park Blvd

9,800 $12.00 - 13.00 William S. Lebo & Company

(954) 494-5581

Storefront Existing

1500 E Commercial Blvd - 1500 E Commercial Blvd

9,619 $20.00 RE/MAX 5 Star Realty

(954) 453-1000

Freestanding Existing

969-1009 E Commercial Blvd - 969-1009 E Commercial Blvd

8,429 $23.00 - 35.00 Weingarten Realty (713) 866-6000

Storefront Existing

3485 N Federal Hwy - 3485 N Federal Hwy

7,000 $30.00 The Rotella Group, Inc.

(954) 568-9015

Restaurant Existing

1417-1437 E Commercial Blvd - 1417-1439 E Commercial Blvd

5,835 $19.00 The Rotella Group, Inc.

(954) 568-9015

Retail Existing

3569-3579 N Dixie Hwy - 3569-3579 N Dixie Hwy

5,700 $39.00 DiSalvatore Realty, Inc.

(301) 758-6300

Retail Under Renovation

Page 9: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

9 Real Estate Activity Report | November 2020 | City of Oakland Park

Pinecrest Square - 903-999 W Cypress Creek Rd

5,655 $14.00 N.E.G. Property Services, Inc.

(954) 491-2281

Freestanding Existing

4050 NW 9th Ave - 4050 NW 9th Ave

5,600 $13.93 Bhegani Asraf

(954) 938-0028

Freestanding Existing

4242 N Federal Hwy - 4242 N Federal Hwy

5,400 $20.00 - 35.00 Florida Property Management

(954) 565-1865

Freestanding Existing

Los Arcos - 2450-2556 W Oakland Park Blvd

4,900 $14.50 Current Capital Real Estate Group

(561) 316-8444

Storefront Existing

3515 Powerline Rd - 3515 Powerline Rd

4,650 Not Disclosed JLL

(954) 653-3222

Freestanding Proposed

Rankin Plaza - 491-521 E Commercial Blvd

4,561 $28.00 The Rotella Group, Inc.

(954) 568-9015

Freestanding Existing

Oakland Park Plaza - 2300-2350 W Oakland Park Blvd

4,300 $18.00 Otten Realty

(954) 650-5550

Freestanding Existing

C Center - 2121 W Oakland Park Blvd

4,200 $20.00 King Real Estate (305) 899-2005

Storefront Retail/Office

Existing

Broward Tool Repair - 3547 N Dixie Hwy

4,000 $18.00 Native Realty Co. (954) 595-2999

Freestanding Existing

5050-5074 N Dixie Hwy - 5050-5074 N Dixie Hwy

4,000 $20.00 - 25.00

Berger Commercial Realty Corp/CORFAC International

(954) 358-0900

Freestanding Existing

3950 N Federal Hwy - 3950 N Federal Hwy

3,560 $45.00 The Fitzgerald Group

(954) 760-9300

Freestanding Existing

2031 W Oakland Park Blvd - 2031 W Oakland Park Blvd

3,200 $12.00 Red White & Blue Investments Inc.

(954) 914-6467

Storefront Retail/Office

Existing

Page 10: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

10 Real Estate Activity Report | November 2020 | City of Oakland Park

Pizza Hut - 2759 W Oakland Park Blvd

2,889 $34.00 New Miami Realty (305) 635-5000

Freestanding Existing

Andrews Plaza (Champaign Plaza) - 3720-3798 N Andrews Ave

2,880 $14.00 Levy Realty Advisors, Inc.

(954) 360-9428

Retail Existing

1940-1970 NE 45th St - 1940-1970 NE 45th St

2,700 $24.00 - 28.50 Gil Hyatt Construction

(954) 772-2066

Storefront Retail/Office

Existing

1361 E Commercial Blvd - 1361 E Commercial Blvd

2,650 $15.85 Rainbow Investment Realty Inc

(954) 927-5291

Restaurant Existing

3575-3591 NW 9th Ave - 3575-3591 NW 9th Ave

2,600 $18.00 Coldwell Banker Commercial NRT

(954) 963-1600

Freestanding Existing

Oakland Center - 1100 W Oakland Park Blvd

2,263 $15.00 Native Realty Co. (954) 595-2999

Storefront Retail/Office

Existing

801-891 E Commercial Blvd - 801-891 E Commercial Blvd

2,260 $30.00 Weingarten Realty (713) 866-6000

Storefront Existing

2152-2192 W Oakland Park Blvd - 2152-2192 W Oakland Park Blvd

2,200 $15.00 One Investment Group

(954) 554-1526

Storefront Existing

3553 N Dixie Hwy - 3553 N Dixie Hwy

2,100 $20.00 Native Realty Co. (954) 595-2999

Restaurant Existing

River Bank - 539 E Oakland Park Blvd

2,070 $14.00 Keller Williams Realty Professionals

(954) 361-5252

Retail Existing

1556 E Commercial Blvd - 1556 E Commercial Blvd

2,011 Not Disclosed Compass Commercial

(954) 600-5323

Freestanding Existing

3555 N Dixie Hwy - 3555 N Dixie Hwy

1,900 $20.00 Native Realty Co. (954) 595-2999

Restaurant Existing

Page 11: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

11 Real Estate Activity Report | November 2020 | City of Oakland Park

3400 NE 12th Ave - 3400 NE 12th Ave

1,684 $22.00 Level Realty

(954) 372-7280

Freestanding Existing

4098 N Andrews Ave - 4098 N Andrews Ave

1,675 $50.00 Adler Realty Services, LLC

(305) 498-8788

Fast Food Existing

3400 Powerline Rd - 3400 Powerline Rd

1,620 $11.00 Tristar Communications Corp.

(561) 674-0500

Freestanding Existing

Jiffy Lube - 750 E Commercial Blvd

1,347 Not Disclosed Katz & Associates (561) 361-7232

Self-Storage Existing

English Village Plaza - 4140 N Federal Hwy

1,250 $30.00 N.E.G. Property Services, Inc.

(954) 491-2281

Freestanding Existing

4498 N Dixie Hwy - 4498 N Dixie Hwy

1,116 $75.26 Southeast Realty Investors LLC

(954) 295-5508

Freestanding Existing

222 NW 45th St - 222 NW 45th St

1,100 $22.91 N.E.G. Property Services, Inc.

(954) 491-2281

Retail Existing

Boulevard Shopping Center - 1504-1538 E Commercial Blvd

1,044 $192.00 Strachman Real Estate

(954) 722-5542

Storefront Retail/Office

Existing

Powerline Shopping Center - 4010-4038 NW Powerline Rd

700 $17.14 Bhegani Asraf

(954) 938-0028

Freestanding Existing

The Enclave Shops at Coral Ridge - 3800 N Federal Hwy

650 Not Disclosed The Rotella Group, Inc.

(954) 568-9015

Storefront Existing

3299 N Dixie Hwy - 3299 N Dixie Hwy

400 Not Disclosed

Berger Commercial Realty Corp/CORFAC International

(954) 652-2020

Freestanding Existing

Page 12: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

12 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR SALE :: OFFICE

Property Name/ Property Address

RBA (SF) Price Sales Information Building Class

4331 N Federal Hwy - 4331 N Federal Hwy

9,492 $10,175,000 Bonvie Realty & Development

(954) 232-8494

B

3451-3481 N Andrews Ave - 3451-3481 N Andrews Ave

3,941 $5,495,000 Prakas & Co

(561) 368-0003

C

1299 E Commercial Blvd - 1299 E Commercial Blvd

14,946 $4,700,000 Smith Moses Morris & Associates

(954) 765-1006

B

4850 W Prospect Rd - 4850 W Prospect Rd

14,727 $3,695,000 SVN Commercial Realty

(954) 771-1212

B

1550 E Oakland Park Blvd - 1550 E Oakland Park Blvd

4,265 $899,000 Campbell & Rosemurgy Commercial Real Estate

(954) 427-8686

C

270 NE 51st St - 270 NE 51st St

1,068 $299,900 William C Gerrity Jr

(954) 294-2400

C

1400 Building - 1400 E Oakland Park Blvd

28,816 Not Disclosed RE/MAX First

(954) 368-8700

B

Page 13: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

13 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR SALE :: INDUSTRIAL

Property Name/ Property Address

RBA (SF) Price Sales Information Building

Type

150-198 NE 33rd St - 150-198 NE 33rd St

25,533 $6,500,000 Invest Innovations (954) 232-7007

Warehouse

4330-4370 NE 5th Ave - 4330-4370 NE 5th Ave

20,097 $4,500,000 Invest Innovations (954) 232-7007

Warehouse

3180 NE 5th Ave - 3180 NE 5th Ave

6,730 $4,114,153 Marcus & Millichap

(407) 557-3810

Warehouse

520 NE 32nd St - 520 NE 32nd St

1,950 $4,114,153 Marcus & Millichap

(407) 557-3810

Warehouse

Stevens Field Warehouse - 3901 NE 5th Ter

17,000 $2,995,000 Prime Property Advisors, LLC

(954) 592-7226

Warehouse

3472 NE 5th Ave - 3472 NE 5th Ave

20,840 $2,799,000 RE/MAX 5 Star Realty

(954) 361-0000

Warehouse

Atlantic Property - 5149-5199 NE 12th Ave

21,000 $2,700,000 Apex Capital Realty LLC

(305) 570-2600

Warehouse

4380 NE 5th Ave - 4380 NE 5th Ave

8,556 $2,250,000 Invest Innovations (954) 232-7007

Light Manufacturing

Auto Glass Specialists - 220 NE 44th St

6,808 $1,700,000 RE/MAX 5 Star Realty

(954) 361-0000

Light Manufacturing

519-533 NE 34th St - 519-533 NE 34th St

11,601 $1,700,000 RE/MAX 5 Star Realty

(954) 361-0000

Warehouse

Auto Brake Systems - 2940 NW 17th Ter

9,000 $1,699,000 The Keyes Company

(954) 467-0105

Service

Page 14: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

14 Real Estate Activity Report | November 2020 | City of Oakland Park

4017-4025 NE 6th Ave - 4017-4025 NE 6th Ave

9,713 $1,400,000 ERA Infinity Properties

(954) 653-5000

Warehouse

3011-3021 NW 23rd Way - 3011-3021 NW 23rd Way

8,322 $1,250,000 Joe Maus

(954) 612-3773

Warehouse

4282-4286 NE 7th Ave - 4282-4286 NE 7th Ave

14,700 $1,250,000 Marcus & Millichap (786) 522-7000

Warehouse

502-506 NE 43rd St - 502-506 NE 43rd St

7,120 $1,080,000 Keller Williams Realty Professionals

(954) 630-7020

Warehouse

511 E Prospect Rd - 511 E Prospect Rd

3,600 $799,000 CBRE

(561) 394-2100

Warehouse

4850 NE 10th Ave - 4850 NE 10th Ave

4,684 $780,000

Berger Commercial Realty Corp/CORFAC International

(954) 358-0900

Warehouse

1036 NE 43rd Ct - 1036 NE 43rd Ct

4,150 $710,000 The Fitzgerald Group

(954) 760-9300

Light Manufacturing

1886 NW 29th St - 1886 NW 29th St

6,000 $599,000 Weaver Morrison Commercial Real Estate

(954) 686-9300

Light Manufacturing

4630-4632 NW 8th Ter - 4630-4632 NW 8th Ter

3,172 $459,000

Berger Commercial Realty Corp/CORFAC International

(954) 358-0900

Warehouse

1001-1101 NE 46th Ct - 1001-1101 NE 46th Ct

21,000 $399,999 Dark Horse Commercial Real Estate, Inc.

(305) 985-2351

Warehouse

4700 W Prospect Rd - 4700 W Prospect Rd

23,258 $189,000 Florida Brokers Real Estate

(954) 640-9110

Showroom

Page 15: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

15 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR SALE :: RETAIL

Property Name/ Property Address

RBA (SF) Price Sales Information Building Type

3661 N Federal Hwy - 3661 N Federal Hwy

10,530 $6,550,000 Lee & Associates (305) 235-1500

Freestanding

4000-4008 N Federal Hwy - 4000-4008 N Federal Hwy

24,900 $5,700,000 Lawgic Realty LLC (954) 449-1786

Freestanding

Stout Bar & Grill - 3419 N Andrews Ave

5,638 $5,495,000 Prakas & Co

(561) 368-0003

Restaurant

3351 N Andrews Ave - 3351 N Andrews Ave

1,702 $5,495,000 Prakas & Co

(561) 368-0003

Storefront Retail/Office

Adam's Interiors - 3900 N Federal Hwy

24,980 $4,750,000 Douglas Elliman Commercial

(305) 695-6300

Freestanding

501 E Oakland Park Blvd - 501 E Oakland Park Blvd

5,585 $4,114,153 Marcus & Millichap

(407) 557-3810

Bank

Bassett Furniture - 3550 N Federal Hwy

14,477 $3,750,000 Marcus & Millichap (954) 245-3400

Freestanding

Wendy's - 2031 E Oakland Park Blvd

2,573 $2,785,000 Union Street Partners

(305) 205-3291

Fast Food

1500 E Commercial Blvd - 1500 E Commercial Blvd

9,619 $1,997,000 RE/MAX 5 Star Realty

(954) 361-0000

Freestanding

3569-3579 N Dixie Hwy - 3569-3579 N Dixie Hwy

5,700 $1,950,000 DiSalvatore Realty, Inc.

(301) 929-3000

Retail

Tot's Town - 2860 W Oakland Park Blvd

642 $1,598,000 Keller Williams Realty Professionals

(954) 688-5400

Day Care Center

Page 16: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

16 Real Estate Activity Report | November 2020 | City of Oakland Park

3491-3499 N Dixie Hwy - 3491-3499 N Dixie Hwy

5,139 $1,395,000 RE/MAX 5 Star Realty

(954) 361-0000

Storefront

1395-1399 E Oakland Park Blvd - 1395-1399 E Oakland Park Blvd

1,693 $1,250,000 Dark Horse Commercial Real Estate, Inc.

(305) 985-2351

Retail

1361 E Commercial Blvd - 1361 E Commercial Blvd

2,650 $1,200,000 Rainbow Investment Realty Inc

(954) 927-5291

Restaurant

4498 N Dixie Hwy - 4498 N Dixie Hwy

1,116 $1,200,000 Southeast Realty Investors LLC

(954) 295-5508

Freestanding

3400 NE 12th Ave - 3400 NE 12th Ave

3,367 $995,000 Level Realty

(954) 372-7280

Freestanding

New York Wings and Subs - 1388 E Oakland Park Blvd

1,600 $799,000 Janet Mercede Real Estate

(561) 483-9000

Fast Food

Jaguar Fort Lauderdale - 6606 N Andrews Ave

125,156 Not Disclosed CBRE

(954) 462-5655

Auto Dealership

Super City Beauty Supply - 3151 W Oakland Park Blvd

3,293 Not Disclosed CBRE

(954) 462-5655

Freestanding

Oakland Park Boulevard Flea Market - 3161 W Oakland Park Blvd

67,320 Not Disclosed CBRE

(954) 462-5655

Supermarket

Page 17: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

17 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR SALE :: MULTIFAMILY

Property Name/ Property Address

Units Price Sales Information

1028 NE 39th Dr - 1028 NE 39th Dr

8 $10,700,000 JAC Management (954) 358-0188

Oakland Palms - 4030 NE 10th Ave

16 $10,700,000 JAC Management (954) 358-0188

4000 NE 10th Ave - 4000 NE 10th Ave

16 $10,700,000 JAC Management (954) 358-0188

1001-1045 NE 39 Dr - 1001-1045 NE 39 Dr

33 $10,700,000 JAC Management (954) 358-0188

476 NW 43rd St - 476 NW 43rd St

11 $2,798,000 ONE Luxury Real Estate

(954) 522-5155

245 NW 32nd St - 245 NW 32nd St

12 $1,950,000 Level Realty

(954) 372-7280

161 NW 40th Ct - 161 NW 40th Ct

5 $775,000 First Brickell, LLC (561) 702-3795

2645 NW 21st Ave - 2645 NW 21st Ave

7 $624,999 Century 21 Tenace Realty

(561) 740-2100

4008-4018 NW 5th Ave - 4008-4018 NW 5th Ave

5 $599,000 Gibson Real Estate Services Company

(954) 909-0195

160 NW 43rd St - 160 NW 43rd St

5 $535,000 Media Realty & Advisors, Inc.

(954) 923-2325

El Sol Condominium - 4061 N Dixie Hwy

14 Not Disclosed Berkadia Real Estate Advisors LLC

(561) 998-8300

Page 18: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

18 Real Estate Activity Report | November 2020 | City of Oakland Park

FOR SALE :: LAND

Property Name/ Property Address

Acres Price Sales Information Proposed Use

The "O" Development Project - 3301 N Federal Hwy

2.04 $15,000,000 Level Realty

(954) 372-7280

Apartment Units, Commercial

The "O2" Development Project - 3363 N Federal Hwy

2.15 $15,000,000 Level Realty

(954) 372-7280

Mixed Use

Self Storage Development Site - 2299 W Oakland Park Blvd

2.53 $3,475,000 Weaver Realty Group, Inc.

(904) 733-0039

Self-Storage

NW 30th Ave - NW 30th Ave

1.71 $995,000 Dan Gitlin

(954) 465-3753

Apartment Units, Commercial

3291 N Andrews Avenue - 3291 N Andrews Ave

0.46 $499,000 N.E.G. Property Services, Inc.

(954) 491-2281

Commercial, General Freestanding, Medical, Office, Restaurant, Retail

Land-commercial - 849 NW 41st St

0.38 $459,000 Potential Poperty Group

(954) 706-5478

Commercial, MultiFamily, Office, Retail

201 NE 44th St - 201 NE 44th St

0.12 $299,000 Sopher Realty

(305) 528-0596

Commercial

151 E Commercial Blvd - 151 E Commercial Blvd

0.11 $205,000 Charles Rutenberg Realty

(954) 396-3001

Commercial, Mixed Use, Office, Retail

701 Cypress Creek Rd - 701 Cypress Creek Rd

1.00 Not

Disclosed

Diversified Companies (954) 776-1005

Commercial, Retail

Page 19: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

19 Real Estate Activity Report | November 2020 | City of Oakland Park

EXECUTED LEASES :: OFFICE

Property Name/ Property Address

Size (SF) Asking Rent/SF/Year Type Tenant

3600 N Federal Highway

18,271 $18.75 Direct Undisclosed

Randice Corporate I - 600 Corporate Dr

1,922 $18.50 Direct Feinstein & Sorota*

5601 N Dixie Highway 1,913 $24.00 Direct Undisclosed

The Diamond Bld - 2701 W Oakland Park Blvd

1,758 $18.50 Direct Brice Medical Center*

1855-1861 W Oakland Park Blvd

1,650 NA Sublease Undisclosed

1940-1970 NE 45 St 1,170 $20.00 Direct Undisclosed

1940-1970 NE 45 St 300 $28.50 Direct Undisclosed

*Confirmed

EXECUTED LEASES :: INDUSTRIAL

Property Name/ Property Address

Size (SF) Asking Rent/SF/Year Type Tenant

818-838 NE 40 Ct 12,250 NA Direct Undisclosed

2207-2261 NW 29 St 2,500 $11.00 Direct Undisclosed

*Confirmed

Page 20: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

20 Real Estate Activity Report | November 2020 | City of Oakland Park

EXECUTED LEASES :: RETAIL

Property Name/ Property Address

Size (SF) Asking Rent/SF/Year Type Tenant

1139 E Commercial Blvd

5,156 NA Direct Motormen Investment Inc

Pinecrest Center - 903-999 W Cypress Creek Rd

2,546 $14.00 Direct Undisclosed

Pinecrest Center - 903-999 W Cypress Creek Rd

1,885 $14.00 Direct Undisclosed

*Confirmed

SALES ACTIVITY :: OFFICE

Property Name/ Property Address

Size (SF) Sale Price Buyer

4303 NE 1 Ter 1,200 $187,000 Omnia In Bonum LLC

991-999 E Oakland Park Blvd

6,000 $1,420,000 CS 991 Oakland, LLC

3075 W Oakland Park Blvd

24,134 $2,200,000 Oakland Center LLC

Page 21: REAL ESTATE ACTIVITY REPORT | NOVEMBER 2019 Update.pdf · 2019. 12. 19. · city of oakland park real estate activity report | november 2019. real estate snapshot – ytd november

www.colliers.com/southflorida Copyright © 2020 Colliers International.

CONTRIBUTORS: Kenneth Krasnow Vice Chairman | Florida + 1 786 517 4990 [email protected] Brooke Berkowitz Director | South Florida + 1 954 652 4633 [email protected] Suzanne McDonough Senior Assoicate | Research and Consulting + 1 954 652 4631 [email protected] Verity Mosquera Research & Consulting Manager | South Florida + 1 954 249 3974 [email protected]

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$3.3 billion in annual revenue

2.0 billion square feet under management

69,000 total sale/lease transactions

$127 billion in total transaction value *All statistics are for 2018, are in U.S. dollars and include affiliates. Square footage includes office, industrial and retail property under management. Residential property is excluded from this total.

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