The portfolio totaled over 80,000 square feet across several centers in Palm Beach County with 47 tenants, ranging from nail salons to restaurants. The buildings had upside but also required major improvements. Roofs, parking lots, and deferred maintenance were all on the table.
We stepped in to evaluate options.
Here’s what we did:
Within hours of going to market, we identified a buyer who understood the upside and was ready to move forward. Two of the three centers sold for $12.75 million, giving the sellers a clean exit and triggering their 1031 timeline.
Next, we focused on what came after the sale. The clients wanted a simpler life: fewer tenants, less involvement, and dependable income.
We sourced a Florida-based, newly built shopping center anchored by Publix, one of the strongest private companies in the country. The center was still under construction, but the timing matched perfectly with their exchange window.
Highlights of the new asset:
We coordinated every step, from due diligence and developer reviews to delivery timelines and financing. The deal closed at $14.75 million, just after Publix opened for business.
This wasn’t just a tax deferral. It was a lifestyle shift.
That’s the kind of result we aim for: strategy that works in real life, not just on paper.
If you’re holding a property that no longer fits your lifestyle or goals, we’d be glad to help you take a fresh look.
Copyright © 2026 | Berlin Group LLC
