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Tiktin Real Estate Investment Services Named Exclusive Sales Agent for Three Multi-Tenant Commercial Properties

NORTH MIAMI BEACH, Fla. (August 11, 2016)— Just a few short months after parting ways with Marcus & Millichap to start Tiktin Real Estate Investment Services, Adam J. Tiktin’s commercial brokerage has been named exclusive sales agent for three multi-tenant commercial properties in Florida: Indian Trace Commons, a 29,527 square-foot, five-story Class-B office building in Sunrise listed for $7.45 million; Metropolitan Professional Building, a 45,211 SF, three-story multi-tenant office building in Greenacres listed for $5.33 million; and Bay Plaza, a 38,219 SF retail plaza in Tampa listed for $5.19 million. Adam J. Tiktin, president, and Justin Spiller, associate, are heading the assignments on behalf of the buildings’ ownerships.

“We are pleased to represent such high-profile and marketable projects throughout Florida and attribute our rapid growth to the strong relationships we have built with our clients over the years,” stated Tiktin. “They recognize that our industry expertise is unparalleled and continue to turn to us because they know we put their interests first.”

Indian Trace Commons, located at 1398 SW 160 Avenue in Sunrise, is an outparcel to the 99,000 SF Indian Trace Shopping Center, and adjacent to the new AMC Weston 8 Theatre. The five-story Class-B office building offers high visibility to over 145,249 cars per day traveling along Interstate-75. The property, comprising 29,527 SF, is currently 96% occupied with 1,310 SF available for lease. Remaining tenant spaces range from 557-2,500 SF. The property provides direct access to Interstate-75, Interstate-595, the Sawgrass Expressway, and the Florida Turnpike. Indian Trace Commons is listed for $7,450,000.

Located at 3900 Woodlake Blvd. directly off Lake Worth Road in Greenacres, Palm Beach County, the multi-tenant Metropolitan Professional Building sits on 2.45 acres just 2.5 miles from the Florida Turnpike and five miles from the Atlantic Ocean. The 45,211 SF, three-story office building includes an entrance lobby on the first floor and ample covered parking with 205 spaces. Floors two and three consist of office suites ranging in size up to nearly 10,850 SF. The building is 100% occupied and is listed for $5,330,000.

Bay Plaza, a 38,219 SF retail plaza at 5737 Sheldon Road in Tampa is situated on a 4.09-acre parcel, and currently 98% occupied with 22 tenants, the largest being JSA Healthcare Corporate and La Hacienda Restaurant. The property’s remaining tenant spaces range from 960-7,680 SF. Bay Plaza is located in one of the most sought after retail corridors in Tampa with numerous national tenants in the surrounding area, including Publix, Home Depot, Starbucks and Wells Fargo. The sight offers excellent visibility with high traffic exposure and is located just 6.4 miles from Tampa International Airport. Bay Plaza listed for $5,190,000.
For more information on of these properties, please call (305) 363-4750 or (844) 4-TIKTIN or visit www.tiktinrealestate.com.

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