Miramar, Fla. — Berger Commercial Realty has negotiated the $34 million sale of Miramar Parkway Plaza, a 159,628-square-foot retail center in Miramar near Hard Rock Stadium. Located at 3102-3300 University Drive, Presidente Supermarket anchors Miramar Parkway Plaza, which sits on roughly 14 acres. Additional tenants include McDonald’s, Foot Locker, AutoZone, Subway, Moby’s and Little Caesar’s. The center includes multiple outparcels and a second-story office component, as well as a recently constructed 10,000-square-foot retail component.
Lawrence Oxenberg of Berger Commercial represented the buyer, LSG2 Miramar Parkway Plaza LLC, an affiliate of Longpoint Realty Partners Partners doing business as LSG2 Miramar Parkway Plaza LLC, in the transaction. The seller was a partnership between The Faith Group and Jeffery Perlow. The Faith Group originally purchased the property in 2014.