Closed Transactions

Closed Transactions

The assignment comes on the heels of two automotive transactions completed by RJ Realty’s Ron Osborne. CLICK ON THE HEADLINE FOR MORE

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The transaction, which took about 60 days to close, was valued at $2,265,000 for the 2-acre property. CLICK ON THE HEADLINE FOR MORE

The tenant, Mattress Firm, has over 11 years left on the current lease and the property closed in 60 days from contract at a 6.75% cap rate.  CLICK ON THE HEADLINE FOR MORE

This is the second transaction Osborne has closed with this Buyer, which is planning on converting the site to a high-end car wash facility. CLICK ON THE HEADLINE FOR MORE

041 Commercial LLC, an entity managed by Benjamin J. Genet of Genet Property Group purchased the 48,000-square-foot property from the Saul Strachman Revocable Living Trust and the Judith Strachman Revocable Living Trust for $3,200,000. CLICK ON THE HEADLINE FOR MORE

The deal closed June 6. CLICK ON THE HEADLINE FOR MORE

The property sold for $3,150,000. CLICK ON THE HEADLINE FOR MORE

Ronald W. Osborne inked a new long-term lease transaction valued at over $1 million with a Midas franchisee at the 5,977-square-foot free-standing auto repair facility located at 2936 N. State Road 7 in Margate.

The Miller Legg Building—also known as Nexus Business Center—has traded hands. It sold for $2.35 million, but there’s a bigger story behind the numbers.