Janoura Realty sells Sunrise shopping center for $24M

Tenants include an Italian market and bakery

Miami /
Aug.August 12, 2021 09:45 AM
Nob Hill Place Shopping Center at 10057 Sunset Strip in Sunrise (Janoura Realty)

Nob Hill Place Shopping Center at 10057 Sunset Strip in Sunrise (Janoura Realty)

Janoura Realty & Management sold the Nob Hill Place Shopping Center in Sunrise for $23.5 million.

Records show that an affiliate of Janoura Realty sold the property at 10019 to 10125 Sunset Strip to Nob Hill Place Sunrise, managed by Alberto Dayan of North Miami Beach. The buyer took out a $15.3 million loan from Israel Discount Bank Of New York.

The more than 90,000-square-foot property across 8.7 acres last traded in 2006 for $8.7 million, property records show.

Tenants include Doris Italian Market and New York Mart Asian market, according to a brochure.

Davie-based Janoura Realty owns, develops and manages commercial real estate in Miami-Dade and Broward counties, with a focus on unanchored shopping centers.
State corporate records show the firm is led by Michael and Ileana Janoura.

Sunrise, home to the Sawgrass Mills mall as well as business parks, has seen its fair share of investment sales recently. On the multifamily front, Snow Real Estate bought the 72-unit Golfview Flats apartment complex for $15 million in August.

Retail deals have been flowing in other Broward County municipalities, as developers Steven Hudson and Charles Ladd Jr. bought an Oakland Park shopping center for $23.4 million in June.

In Hollywood, Los Angeles-based VIG Furniture bought an industrial property to serve as a distribution facility for $9.1 million, also in June.





    Related Articles

    arrow_forward_ios
    A&D Group Realty's Americo D’Agostini with Doral Shops at 11402 Northwest 41st Street (LinkedIn)
    Retail investors pay $57M for Doral shopping center
    Retail investors pay $57M for Doral shopping center
    The site at 2655-2660 Northeast 189th Street (SVN Partners)
    Cohen, Bouskila propose 260 apartments near Brightline’s Aventura stop
    Cohen, Bouskila propose 260 apartments near Brightline’s Aventura stop
    Photo illustration of Bazbaz Development's Sonny Bazbaz along with a rendering of the planned development at 2134 North Miami Avenue in Wynwood (Getty, Bazbaz Development, LoopNet)
    Bazbaz buys Wynwood development site for mixed-use project
    Bazbaz buys Wynwood development site for mixed-use project
    The late Ralph Halpern and 617 East Dilido Drive (Google Maps, Getty)
    Topshop founder’s waterfront Miami Beach home sells for $15M
    Topshop founder’s waterfront Miami Beach home sells for $15M
    Florida Value Partners’ Gus Alfonso and Atlantic I Pacific Communities’ Howard Cohen with renderings of the project (LinkedIn, AP Companies, Corwil Architects, Getty)
    Fries with that? Developers propose rental towers at Shorty’s BBQ site
    Fries with that? Developers propose rental towers at Shorty’s BBQ site
    Merit Hill Capital CEO Elizabeth Schlesinger and the self-storage facility at 5370 South University Drive in Davie (Merit Hill Capital, Google Maps)
    Merit Hill Capital pays $18M for Davie self-storage facility
    Merit Hill Capital pays $18M for Davie self-storage facility
    2855 West Commercial Boulevard
    Cedar Health scoops up Fort Lauderdale assisted living facility for $39M
    Cedar Health scoops up Fort Lauderdale assisted living facility for $39M
    (Illustration by The Real Deal; Getty)
    Residential sales fall 30% across South Florida
    Residential sales fall 30% across South Florida
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...