Illustrated Properties Closes Two Commercial Deals Totaling $5 Million in Broward and Palm Beach counties

 

Lorin Romeo Romay

Fort Lauderdale, FL and Atlantis, FL. Feb. 21, 2023 – Illustrated Properties and Hanlon Realty Group just completed two commercial real estate sales totaling nearly $5 million in Broward and Palm Beach counties. 

Lorin Romeo Romay of Illustrated represented the buyers, in collaboration with Sherri Hanlon of Hanlon Realty Group, of a flex building in Fort Lauderdale and a medical office building in Atlantis.

Romay and Hanlon completed the $2.34 million sale of the 5149 NW Ninth Ave. flex building. Rabtown Inc. purchased the 9,937-square-foot building from Coconut Fields Forever, LLC.

The buyer plans to operate a doggie daycare and boarding service in a 7,000-square-foot space at the building. Romay and Hanlon are marketing the remaining 3,000 square feet, which will soon be available for lease.

 Sherri Hanlon

In Atlantis, the agents represented Kidney and Hypertension of the Palm Beaches, PLLC in its purchase of a 6,718-square-foot medical office building at 101 John F. Kennedy Drive.

Strategic Realty Services represented sellers Da Vinci Diagnostic Facility LLC and Da Vinci Diagnostics Facility II LLC.

Perseverance, strong negotiating skills and follow-up were key components when the agents were faced with multiple challenges throughout both transactions.

5149 NW Ninth Ave. flex building, Fort Lauderdale, FL

The medical office deal was two years in the making, with Romay initiating the opportunity through a cold call to the seller.

The buyer is a nephrologist and will operate out of the facility alongside his wife, who is also a physician of internal medicine and owner of Mohr Medical, LLC.

Romay and Hanlon have longstanding relationships with both buyers and have plans to help both clients expand locations further in the future.

 CONTACT:

 Eric Kalis

Vice President,

BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza

 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

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