Flamingo Commons Davie

Avison Young Brokers $5.4M Sale of Retail Center in Davie

by John Nelson

DAVIE, FLA. — Avison Young has brokered the $5.4 million sale of Flamingo Commons, an 18,000-square-foot strip center and outparcel located at 4401 S. Flamingo Road in Davie. The property was 87 percent leased at the time of sale to tenants such as SunTrust Bank and Dunkin’ Donuts. Michael Fay, John Crotty and Joshua Ladle of Avison Young represented the seller, LNR Partners, in the transaction. The Avison Young team found potential buyers using Auction.com. The buyer, JDV Properties LLC, has retained Avison Young for leasing and management services.

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