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| Kim Flores. |
MIAMI, FL – JLL Capital Markets has arranged the $22.25 million sale of Ridge Plaza, a 138,554-square-foot regional shopping center located in Davie, Florida.
JLL represented the seller, Continental Realty Corporation, and an
affiliate of JBL Asset Management acquired the asset.
Danny Finkle
Situated on a 13.52 acre site, Ridge Plaza is currently 98.6% occupied to a diverse tenant roster covering food & beverage, service, discount shops and entertainment uses led by Paragon Theaters, Goodwill, and Off The Wall among others.
Nestled at 9000-9200 W State Rd. 84, Ridge Plaza enjoys a prime, highly
trafficked location with prominent frontage along I-595 and State Road 84
within a 15-minute drive of over 640,000 residents with an average annual
household income of +$100,000.
Eric Williams
The town of Davie is located just southwest of Fort Lauderdale and serves as Broward County’s nexus of higher education as the home of the South Florida Educational Center, Nova Southeastern University, Broward College, Florida Atlantic University and the University of Florida’s Fort Lauderdale Research and Education Center.
JLL Capital Market’s Sale and Investment Advisory team representing the
seller was led by Senior Managing Director Danny Finkle, Senior
Directors Eric Williams and Jorge Portela and Vice President Kim
Flores.
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| Jorge Portela |
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.
Ridge Plaza shopping center, Davie, FL
The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
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