MIAMI (July 2, 2019)—Tiktin Real Estate Investment Services (TREIS), a leading commercial real estate investment sales brokerage firm, has brokered the sale of a .95-acre vacant site leased by Regions Bank at 5999 South University Dr. in Davie, Florida. BD University, LLC acquired the building from Trapeza, Inc., in an all-cash deal for $5.55 million. TREIS President Adam J. Tiktin and Investment Associate Alejandro Snyder represented the seller in this transaction. Closing took place June 28, 2019.
The Regions Bank building has not been constructed and the tenant has eight years remaining on its lease. The site is located on a large signalized corner parcel with direct frontage along University Drive and Stirling Road. Its central location provides high visibility to over 81,000 cars per day.
For more information, please call 305-363-4750 or 844-4-TIKTIN or visit www.TiktinRealEstate.com.
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 and office buildings in Florida and single-tenant net lease properties nationally. 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.