NORTH MIAMI BEACH, Fla. (March 26, 2018)— Tiktin Real Estate Investment Services (TREIS), a commercial real estate investment sales brokerage firm, has announced the sale of Madison Square, a 38,720 square-foot retail plaza at 5513-5519 S. 78th Street in Tampa for $5.18 million. Adam J. Tiktin, president and broker of TREIS, represented both the Seller, Madison Square Group, LLC, and the Buyer, ATS Residential, LLC. Closing took place March 15, 2018.
This center sits on 6.25 acres and was built in 2007. The plaza is fully occupied with Family Dollar serving as the anchor tenant. The site also includes a one-acre outparcel for a restaurant or retail building.
About Tiktin Real Estate Services
Tiktin Real Estate Investment Services (TREIS) is a South Florida-based commercial real estate investment sales brokerage firm specializing in the sale of shopping centers, single-tenant net lease properties and office buildings in Florida. Founded in 2001 by industry veteran Adam J. Tiktin, TREIS is committed to a higher level of service and an unmatched standard of integrity. The investment sales firm is distinguished by its personalized approach, transactional expertise, comprehensive market analysis and aggressive strategies. www.tiktinrealestate.com.