Avison Young Brokers $23 Million Sale of Retail Center in South Florida

by Hayden Spiess

Pembroke Pines, Fla. — Avison Young’s Florida Capital Markets Group has brokered the $23 million sale of Pembroke Centre, a 29,350-square-foot strip retail center located in Pembroke Pines. David Duckworth, Michael Fay, John Crotty and Brian de la Fé of Avison Young represented the developer and seller — PP Omni Ventures, an affiliate of Hart Lyman Cos. — in the transaction. Monolith Real Estate Property Management represented the buyer, an entity doing business as OMAX Invest LLC.

Situated on four acres, the property was fully leased at the time of sale to Pubbelly Sushi, Firebirds Wood Fired Grill and Xfinity Store by Comcast. The property sits on an outparcel with a shared entrance to Shops at Pembroke Gardens, an open-air retail and entertainment destination.

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