Investors pay $7M for Tamarac shopping center

Seller bought the land for $3M in 2006

Miami /
Dec.December 07, 2020 05:30 PM
Genghiz Erden and 6510-6566 and 6570-6596 North University Drive (Google Maps)

Genghiz Erden and 6510-6566 and 6570-6596 North University Drive (Twitter, Google Maps)

A Parkland couple bought a Tamarac shopping center for $6.5 million.

An affiliate of TML Associates, run by Sam and Rachel Oz, bought the Mural Plaza shopping center at 6510 to 6566 and 6570 to 6596 North University Drive, according to records.

The seller is Mural Development, whose managers are Allan E. Ciftci, Genghiz Erden and Murat Ercan, according to records. Mural Development bought the land in 2006 for $2.7 million, records show.

The 30,000-square-foot shopping center was built in 2018. Tenants include Rockstar Barbershop, Midnight Cookies & Cream and the Tamarac Senior Center, which offers meals, exercise and social activities for seniors, according to their websites.

An online listing for the shopping center offers retail spaces for rent for between $25 per square foot and $27.50 per square foot.

Last month, the Mattos family bought the Waterway Shoppes of Weston for $20.5 million.

In March, a separate shopping center on Tamarac’s University Drive sold for $14.4 million.





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