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Follow on Google News | Stiles Realty Closes $6.8 Million in Sales of Two Former City Furniture Stores“We’re seeing retail and industrial demand strengthen in Broward and Palm Beach counties,” said Ryan Karlin, Stiles Realty Vice President of Retail Sales. “Former retail properties in choice locations are one factor adding momentum."
By: Stiles South Florida’s largest selling furniture retailer opened a “green,” state-of-the- “We’re seeing retail and industrial demand strengthen in Broward and Palm Beach counties,” said Ryan Karlin, Stiles Realty Vice President of Retail Sales. “Former retail properties in choice locations are one factor adding momentum. They’re drawing educational, office/distribution and other non-traditional space users who see high-value opportunities to adapt buildings to their needs.” • Spring Holdings Realty, LLC purchased the 58,811-square- • Lantana Holdings , LLC recently closed on the $3.3 million purchase of the 44,000-square- “Stiles has been a long-time partner for City Furniture, helping us acquire new sites, develop and build at several locations,” said Keith Koenig, president of City Furniture. “The Stiles Realty team brings an owner’s perspective, and their knowledge of everything from city approvals to construction and operating costs really streamlines deals.” As City Furniture has expanded its network throughout Southeast and Southwest Florida in recent years, the Stiles organization has been responsible for major projects such as constructing the company’s new 93,680-square- Leasing information: About Stiles Stiles is a full-service commercial real estate firm with a clear mission: Invest∙Build∙ The Company is responsible for more than 37 million square feet of office, industrial, retail, mixed-use and residential projects throughout the southeastern United States. Since 1951, Stiles has played a vital role in South Florida’s rise to prominence. With a multitude of award winning projects, Stiles inspired the revitalization of downtown Fort Lauderdale, Florida, the home of its headquarters. The Company also maintains regional offices in Miami, Tampa, West Palm Beach, Naples, Fort Myers and Orlando, Florida. For more information, please visit http://www.stiles.com. End
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