search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudTrump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanChetrits have a problem in PassaicChetrits have a problem in PassaicLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
Commercial
South Florida

Investors buy Weston office building for $9M

Sellers bought the building in 2017 as part of a $13M deal

From left: Highline’s David Moret, Sefira’s Mijael Attias and Aby Galsky with 1040 Weston Road (Avison Young)
From left: Highline’s David Moret, Sefira’s Mijael Attias and Aby Galsky with 1040 Weston Road (Avison Young)

A partnership between two South Florida investment firms sold a Weston office building for $8.9 million.

Highline Real Estate Capital, based in Miami, and Sefira Capital, based in North Miami Beach, sold the 27,000-square-foot building at 1040 Weston Road, according to a press release.

The buyer is Shaked 21 LLC, managed by husband and wife Sagi and Anat Shaked. Sagi Shaked is a personal injury attorney and real estate agent in Aventura. Anat Shaked is also an attorney, according to records.

The real estate investment firms bought the building, constructed in 1990, in a two-building, $13 million deal in 2017, according to the release.

Sign Up for the undefined Newsletter

The building’s occupancy rose from 84 percent to 100 percent over the three years. The partnership is led by Highline principal David Moret. Sefira was founded by managing partners Aby Galsky and Mijael Attias.

David Duckworth, John K. Crotty, Michael T. Fay, Brian C. de la Fé, Emily Brais and Berkley Bloodworth of Avison Young represented the seller.

The building is anchored by JPMorgan Chase, but most of the tenants are medical use, including Advanced OBGYN Institute, Sweet Tooth Pediatric Dentistry and Zombek Orthodontics.

Earlier this year, a Highline and Sefira joint venture sold an office tower next to the courthouse in Fort Lauderdale for $18.2 million.

Other recent big-ticket office sales in the area include Bridge Investment Group selling the Bayview Corporate Tower in Fort Lauderdale for $82.5 million.

Tags
Office MarketWeston