The Real Deal Miami

Here’s what sold between $1M and $6M this week

Commercial sales include gas station in North Miami Beach and warehouse in Wynwood
By Katherine Kallergis | April 08, 2015 03:15PM

28 Northeast 26th Street


Wynwood warehouse: $1.46M

A 5,108-square-foot warehouse in Wynwood sold to a company headed by a buyer who shares the name of Romanian diplomat, Miami-Dade County records show. Anthony and Iliana Scremin sold the 7,150-square-foot site, which includes paved parking and a gate, to 28 NE 26 St. LLC on March 25.

The warehouse neighbors gun range Lock & Load Miami. It last traded in 1990 for an undisclosed price.

Chevron gas station: $1.35M

A 4,544-square-foot Chevron gas station in North Miami Beach sold to a private investor and operator.

NMB Petroleum sold the gas station at 10 Northwest 167th Street, Miami-Dade County property records show. Marcus & Millichap’s Jonathan Gerszberg, associate vice president of investments and Andy Charry, associate, represented the buyer. The 18,000-square-foot lot last sold in December 2009 for $950,000.

“We recently sold a nearby retail center for the buyer and he used the proceeds to purchase this property. He has a vision for improving the property, and has already signed a new tenant, Metro PCS, and plans to establish a Crunchy Chicken eatery at the gas station,” Charry said in a press release.

Teeca Plaza in Boca Raton

Palm Beach

Boca Raton retail site: $5.45M

Teeca Plaza, a shopping center in Boca Raton, sold to a Brooklyn-based buyer.

Tenants include Sushi Rock, Topps Market, Boca Vapes and Pretzel Factory.

Marcus & Millichap’s vice presidents of investments Doug Mandel and Barry Wolfe represented the seller, a partnership from Delray Beach, according to a press release. Marcus & Millichap’s Scott Plasky represented the buyer of the 22,589-square-foot strip mall.

The plaza is located at 162 Yamato Road, immediately east of I-95.


Medical office building: $2.56M

Tamarac Radiation Associates sold its medical office building at 7850 North University Drive, according to Broward County records. A subsidiary of Tampa-based Carter Validus, a commercial real estate investment company, is the buyer.

The 1.35-acre site includes paved parking and a 4,925-square-foot building. It last sold for $1.2 million in December 1999, property records show.

Commercial warehouse bays in Coral Springs: $1.3M

E2 LLC sold two commercial warehouse bays for a combined $1.3 million, records show. The Coral Springs properties sold to Advance Case Parts RE Holdings. The company supplies supermarket and food service equipment, according to its website.

It acquired Coral Springs Corporate Center Commercial condo bay 6 and 7 at 12489 Northwest 44th Street.