NAI Miami | Fort Lauderdale Represents $30 Million Sale of 63,964 SF Office on Behalf of Interval Buyer, LLC

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Miami, FL – 27 March 2026 – NAI Miami | Fort Lauderdale announced the successful $30 million sale of a ± 63,964-square-foot, two-story office building located at 9995 SW 88th Street, Miami, FL 33176. The buyer, Interval Buyer, LLC, purchased the property from Gregg Guilford of Guilford Property Group, Inc, and was represented by Edward Schmidt, CCIM, SIOR, Co-Chairman and Partner at NAI Miami | Fort Lauderdale.

Constructed in 1999, the property sits on approximately 7.41 acres and is currently configured as a single-tenant office building.

On behalf of the buyer, Jeffrey Fiorentino, CEO of The Fiorentino Family Office (TFFO.com), stated: “We are pleased to announce the successful closing of this nearly yearlong acquisition and look forward to transforming the property into a premier medical campus.”

“The buyer has initiated plans to renovate the existing structure and develop an additional building on-site, ultimately creating a Class A medical campus,” said Schmidt. “The property’s scale, accessibility, and prime location along Kendall Drive position it exceptionally well for healthcare-oriented uses.”
Located near Baptist Hospital of Kendall in a densely populated suburban market, the site is ideally suited for medical office conversion and future expansion, supporting the continued demand for healthcare services across South Florida.

For more information about this transaction and NAI Miami | Fort Lauderdale’s services, visit www.naimia-ftl.com.

NAI Miami | Fort Lauderdale Facilitates 7,987-Square-Foot Office Lease in the Heart of Coral Gables

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Miami, FL – 3 March 2026 – Edward Schmidt, CCIM, SIOR, Partner and Co-chairman, and Craig Merlin, Vice President of NAI Miami | Fort Lauderdale, successfully represented the landlord, TFFO, LLC, in the lease of a 7,987-square-foot office building located at 133 Sevilla Avenue, Coral Gables, FL 33134 to INB, N.A.

The relocation marks a strategic expansion for INB as it continues to strengthen its presence in South Florida. In 2022, INB’s South Florida Market President Gabriella Cioli emphasized the bank’s long-term commitment to the region, noting that the company’s headquarters serves as a foundation to create opportunity and support business growth throughout the South Florida community.

Previously based in Brickell, INB sought a larger footprint and a standalone building within a central business district to accommodate its growing team and evolving operational needs.

“It was a pleasure collaborating with Edward Schmidt and Craig Merlin to secure this property on behalf of my longtime client, INB Bank,” said Louis Erice of Keller Williams Premier Properties, who represented the tenant.

“This transaction reflects strong collaboration among all parties,” added Merlin. “Located along one of Coral Gables’ most sought-after office corridors and across directly across the street from the Plaza Coral Gables, the two-story building offers nearly 8,000 square feet of thoughtfully designed space, including an open-air veranda, flexible office layouts, conference space, and gated parking—an excellent match for INB’s continued growth.”

For more information about INB, visit www.inb.com/inb-florida. To learn more about NAI Miami | Fort Lauderdale and its full-service commercial real estate services, visit www.naimia-ftl.com.

Cry Baby Creamery Expands to Third Location in Kendall Within a One-Month Expansion Period
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Miami, FL – 19 February 2026 – NAI Miami | Fort Lauderdale is pleased to announce the expansion of Cry Baby Creamery newest retail location in South Kendall located at Cortland Plaza, 12700 SW 122nd Avenue, Miami, FL 33186. Represented by Joe Gallaher, Partner, and Valentina Tawil, this 1,589-square-foot end-cap space marks the company’s second store opening in 2026 with many more soon to come.

Following the success of its original Palmetto Bay flagship—widely recognized as a cult-favorite Miami ice cream destination—Cry Baby Creamery expanded into West Kendall in January (15707 SW 56th Street) and now into South Kendall in February. Founded by award-winning pastry chef Stephanie Diaz, the brand has built a loyal following through its nostalgic, playful identity and bold flavors including Viva Pastelito, Café con Ron, and Pitorro de Coco.

“Opening in Kendall hits a little differently since it’s home for me,” said Diaz, “We can’t wait to be part of the neighborhood and share all the things that make it special with the community I grew up in.”

“Choosing locations that serve specific residential communities rather than only high-tourism or regional destinations was key for our client,” said Gallaher. “The West and South Kendall market continues to attract growing retail concepts seeking long-term positioning in high-demand trade areas and provides Cry Baby with a strong accessibility as the company continues to expand locally.”

This successful collaboration between NAI Miami | Fort Lauderdale and Cry Baby Creamery further reinforce the brand’s commitment to growth and expansion across South Florida’s key markets.

“Opening our third location represents an important milestone for us,” said Diaz. “South Kendall is a strong market, and we look forward to building on the momentum we’ve created across Miami-Dade County.”

For more information about Cry Baby Creamery, visit crybabycreamery.com and for information on the commercial real estate services, visit naimia-ftl.com.
About Cry Baby Creamery

Founded in 2021, Cry Baby Creamery & Bakehouse is a Miami-based small-batch ice cream concept known for crafting its products in-house using premium ingredients and locally sourced partnerships. Originally launched in Palmetto Bay, the company continues to expand across Miami-Dade while remaining committed to quality, creativity, and a community-driven experience. To learn more, visit www.crybabycreamery.com.

NAI Miami | Fort Lauderdale Facilitates $4 Million Sale of Plantation Office Buildings

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Miami, FL – 11 February 2026 – NAI Miami | Fort Lauderdale announced the successful $4 million sale of two multi-tenant office buildings located at 7390 and 7500 NW 5th Street in Plantation, Florida.

The transaction involved two office buildings totaling 36,354 square feet situated on a 3-acre property. NAI Miami | Fort Lauderdale has provided leasing and property management services for the asset for several years. Thomas Smith, Vice President, and Edward L. Schmidt, CCIM, SIOR, Partner and Co-Chairman at NAI Miami | Fort Lauderdale, represented the seller in the sale.

“As the property manager for this site, it has been a privilege to represent our long-standing client throughout this transaction,” said Adina Eisenstadt, Property Manager and Associate at NAI Miami | Fort Lauderdale.

“We understand the nuances of the commercial real estate market and how to align our clients with opportunities that meet their strategic goals,” said Schmidt. “Our continued success across South Florida reflects the strength of our platform, our collaborative network across regions and specialties, and our commitment to delivering value-driven solutions that maximize results for our clients.”

For more details about the team or the leasing, sales and property management services offered by NAI Miami | Fort Lauderdale, visit www.naimia-ftl.com.

NAI Miami | Fort Lauderdale Facilitates $1.9 Million Sale of Prime Homestead Development Site

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Miami, FL – January 29, 2026 – NAI Miami | Fort Lauderdale closed a $1.9 million sale of a prime commercial development site located on South Dixie Highway in Homestead, Florida, further reinforcing the firm’s—and Joseph Gallaher’s—established expertise in the Homestead real estate market.

The transaction was led by Joseph Gallaher, Partner, alongside Valentina Tawil & Jeremy Larkin, who represented the seller, Sea Air Holdings, LLC. The buyer, Tajona Investment Corporation, was represented by Ashleen Cruz of Fausto Commercial Realty Consultants, with integral legal counsel provided by Michael P. Schwartz of Muller Lebensburger & Schwartz.

The 2.072-acre site is located just south of Campbell Drive on South Dixie Highway with additional frontage and access from Mowry Drive and NE 6th Avenue. The size and zoning of the property allow for a range of future uses while the location benefits from being along the primary commercial corridor connecting Homestead and Florida City.

“This wasn’t an easy project but thankfully there was a team of dedicated professionals who all worked hard to get this closed,” said Gallaher. “Representing someone who has owned the property for decades makes finding the ‘right’ owner all the more important. Thankfully, Ashleen had an end user who will continue to care for the property the way the seller has for years.”

This closing follows NAI Miami | Fort Lauderdale’s May 2025 sale of the adjacent former Pizza Hut parcel, also led by Gallaher, highlighting a consistent pattern of commercial real estate transactions executed along the South Dixie corridor within a compressed timeframe.

“Homestead is a market with proven retail strength which allows for consistent growth,” Gallaher added. “With the water moratorium lifted, new life along Krome and a noticeable uptick in development across all submarkets, we are seeing renewed confidence and new, creative developments throughout Homestead.”
With multiple land dispositions completed in Homestead over the past year, Gallaher has become a key advisor to landowners and developers navigating zoning, infrastructure, wetlands, municipal requirements and market timing in South Miami-Dade.

For more information about the about this transaction, please contact Joseph Gallaher at

jg*******@na******.com











 or visit www.naimia-ftl.com/people/joe-gallaher/.

NAI Miami | Fort Lauderdale and Xfinity collaboration

Xfinity Opens New Store at Village Shops in Miami Gardens — Fourth Location Brokered by NAI Miami | Fort Lauderdale with Two More Coming by Year-End

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Miami, Florida – 5 November 2025 – NAI Miami | Fort Lauderdale is pleased to announce the opening of Xfinity’s newest retail location at the Village Shops in Miami Gardens, marking the brand’s fourth store opening in the past 12 months.

Represented by Valentina Tawil, Associate, and Joe Gallaher, Partner at NAI Miami | Fort Lauderdale, the 1,626-square-foot store is located at 19184 NW 27th Avenue, Miami Gardens, FL 33056.

“Xfinity’s latest location at The Village Shops is ideally positioned within a Class A retail development,” said Tawil. “With its proximity to Hard Rock Stadium and strong visibility from NW 27th Avenue, the site offers accessibility and exposure for Xfinity’s growing customer base.”

This successful collaboration between NAI Miami | Fort Lauderdale and Xfinity further reinforces the brand’s commitment to growth and expansion across South Florida’s key markets.

“We’re thrilled to continue building on Xfinity’s momentum this year,” said Gallaher. “Four stores have already opened, and with two more scheduled for completion in North Miami and Fort Lauderdale before year’s end, 2025 is shaping up to be a record year for the brand’s retail expansion.”

For more information about Xfinity, visit xfinity.com. To learn more about NAI Miami | Fort Lauderdale’s retail tenant representation and commercial real estate services, visit naimia-ftl.com.

NAI Miami | Fort Lauderdale Selected as One of Three Real Estate Advisory Firms by City of Homestead

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Miami, FL – 7 October 2025 – NAI Miami Property Management, LLC, a subsidiary of NAI Miami | Fort Lauderdale, has been selected as one of three awarded vendors in the City of Homestead’s recent Request for Qualifications (RFQ) for comprehensive commercial and residential real estate services.

The City of Homestead sought qualified firms to provide a wide range of services, including property appraisals, sales and leasing, property management, market analysis, and development and redevelopment strategies. The awarded firms were chosen based on experience, qualifications, and demonstrated success in municipal real estate partnerships.

“Our team is honored to be recognized by the City of Homestead,” said Jeff Buell, Partner and Director of Property Management of NAI Miami | Fort Lauderdale. “We look forward to applying our experience and hands-on approach to serve the City’s portfolio with the same care and efficiency we bring to every client.”

NAI Miami Property Management’s selection reflects its 25+ years of experience serving South Florida’s real estate market and its strong performance in managing government and agency-owned assets. This year the firm also secured a five-year contract through a similar competitive process with the Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA).

“This recognition reinforces the firm’s continued leadership in delivering trusted, full-service real estate solutions to both the public sector and private sector clients,” said Jeremy S. Larkin, CEO and Co-Chairman of NAI Miami | Fort Lauderdale.

For more information, visit www.naimia-ftl.com.

NAI Miami | Fort Lauderdale Successfully Completes Fifth Sale in Pinecrest in 12 months

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Miami, FL – 19 August 2025 – NAI Miami | Fort Lauderdale announces the completed sale of 9799 South Dixie Highway, Pinecrest, FL 33156, marking the fifth and final transaction in a series of property sales within the Pinecrest market over the past year.

The property is a one-story, 3,604-square-foot retail freestanding building on a 16,091-square-foot parcel fronting South Dixie Highway, offering strong visibility in a high-traffic corridor. The asset sold for $3,452,000.00.

The seller, 9799 South Dixie, LLC was represented by NAI Miami | Fort Lauderdale’s team: Jeremy S. Larkin, Partner | Co-Chairman; Joseph Gallaher, Partner; and Valentina Tawil, Associate. The buyer, Ozar Five Centers, LLC, was represented by Derek Varona of Sea Grove Realty.

“This site has a long-standing presence in the community, originally as a Firestone location and most recently operating as Tire Squad,” said Tawil. “The buyer recognized strong local demand for quality tire and auto services, particularly in the Pinecrest area. Their plan is to rebrand the business and position it as a premium destination, capitalizing on continued absorption and stability in this retail segment.”

This closing follows four prior sales within the same block, which is adjacent to NAI Miami | Fort Lauderdale’s headquarters:

“We are pleased to generate these positive results for our client”, stated Larkin. “This last property proved to be challenging because of zoning changes within the Village of Pinecrest. It required extensive discussions with local zoning and planning officials with which we have a well-established relationship to understand how to move the sale forward.”

With this sale, the team has successfully wrapped up its targeted Pinecrest transactions, reinforcing the firm’s market expertise and transaction management capabilities. The team is now actively seeking new opportunities across South Florida.

For more information, visit www.naimia-ftl.com.

NAI Miami | Fort Lauderdale Facilitates $52M Sale of Class A Industrial Property in Hialeah

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Miami, FL – 30 July 2025 – NAI Miami | Fort Lauderdale is pleased to announce the successful sale of a premier industrial asset located at 16300 NW 97th Avenue in Hialeah, Florida, for $52 million. The buyer, represented by Gabriel Garcia-Menocal, SIOR, Executive Vice President at NAI Miami | Fort Lauderdale, purchased the property from East Capital Partners, co-founded by Drew T. Dewitt and David Archibald, and represented by Devin White, Executive Vice President at CBRE.

The 171,178-square-foot property was recently completed and delivered as a modern distribution facility tailored for high-demand logistics and industrial users. Located in one of South Florida’s most competitive industrial submarkets, the asset drew significant interest for its scalability, accessibility, and construction quality.

“This property presented a rare opportunity in a highly sought-after industrial submarket. We’re proud to have delivered a modern facility that meets the needs of today’s top-tier operators,” said Archibald, “We are thankful to Devin from CBRE, our financial partner, VlietCo Enterprises, and lender, FirstBank Florida, for their backing as well as our development team, Miller Construction, Langan Engineering, and Arcadis Architects.”

“East [Capital Partners] selected an experienced general contractor and design team who delivered an exceptional building,” said Michael Seay, PE, Principal at J Squared Consulting, due diligence and engineering consultant to Buyer. “That made the due diligence and closing process seamless.”

The transaction was also supported by professionals assisting the buyer, Rolando Sanchez-Medina Jr. and Michael A. Montiel of SMGQ Law and Robert Garcia of Popular Bank, who managed the financing. “Collaborating with this Due Diligence team was a genuinely rewarding experience”, said Sanchez-Medina. “The team’s shared commitment to excellence was evident at every stage of the transaction. It was a pleasure to work with such dedicated professionals.”

“We were honored to represent the buyer in securing this best-in-class asset,” said Garcia-Menocal. “This acquisition not only supports the buyer’s continued expansion efforts but reinforces their presence in South Florida.”

Gabriel Garcia-Menocal, SIOR, serves as Executive Vice President at NAI Miami Fort Lauderdale. With over 30 years of combined experience in real estate brokerage, construction, development, valuation, and consulting, he brings deep expertise to the South Florida commercial real estate market. Mr. Garcia-Menocal is known for his leadership, professionalism, industry knowledge, and commitment to representing buyers, sellers, landlords, and tenants across all classes of industrial and office properties. For more details about Mr. Garcia-Menocal, his team, and the services offered by NAI Miami Fort Lauderdale, visit www.naimia-ftl.com.

 

About NAI Miami | Fort Lauderdale
Headquartered in the Dadeland Area of Miami, with additional offices in the Doral/Airport area, Downtown Coral Gables and Downtown Fort Lauderdale, NAI Miami | Fort Lauderdale has been a market-leading, full-service commercial real estate brokerage firm since 1996, providing exceptional service and expertise in the South Florida Market. We are independent owner-operated and locally grown, with the freedom to act quickly and creatively on your behalf. With more at stake than traditional firms, NAI Miami | Fort Lauderdale takes your business personally and is committed to providing the highest level of service and smart execution.

At NAI Miami | Fort Lauderdale we possess the multiple disciplines required of a full-service real estate firm with expertise in sales and acquisitions, leasing, management, financing, planning, zoning, litigation support, and forensic real estate analysis. We serve our clients with a single point of contact that effectively delivers a variety of strategic and tactical solutions across platforms. We understand the realities of today’s business world. The bottom line – we know that when we deliver results to our clients, we all benefit. To learn more, visit www.naimia-ftl.com.

About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting, and related advisory services. NAI Global member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe, and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges. To learn more, visit www.naiglobal.com.

NAI Miami | Fort Lauderdale Closes $1.47M Sale of Former Pizza Hut Site in Homestead, FL

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Miami, FL – 14 May 2025 – Robert Eckstein and Joseph Gallaher, Partners of NAI Miami | Fort Lauderdale, represented the seller, Frances Family Trust in the $1,475,000.00 sale of a former Pizza Hut restaurant in Homestead, Florida. The buyer, JJ Valle, LLC, acquired the site and was represented by local sales agent Nancy O’Brien of The Keyes Company.

The property, located at 25 North Homestead Boulevard, consists of 0.62 acres and features a 3,564-square-foot, freestanding, second-generation restaurant building. With direct frontage along South Dixie Highway (N Homestead Blvd), the site offers exceptional visibility and access in a key commercial corridor between Homestead and Florida City.

“I’m delighted to have worked with the Frances Family as they have owned this property for almost 40 years,” said Robert Eckstein. “They realized that selling this property at this point and time was what was best for them and their children.”

The sale reflects a growing interest in redevelopment opportunities across Homestead. NAI Miami | Fort Lauderdale is currently representing several additional land listings in the area.

“This transaction underscores the vitality of Homestead’s retail sector beyond the Campbell Drive and Turnpike intersection,” said Joseph Gallaher. “With the water moratorium now lifted and increased interest in our other land listings, we anticipate an acceleration of ground-up development along the South Dixie corridor in the coming year.”

Located adjacent to the sold site is a 2.72-acre ground lease offering triple frontage along S. Dixie Highway, E. Mowry Drive, and NE 6th Avenue. This highly trafficked intersection presents a significant opportunity for investors and developers seeking long-term value in a growing submarket.

For more information about this transaction or other investment opportunities, please visit www.naimia-ftl.com.

About NAI Miami | Fort Lauderdale
Headquartered in the Dadeland Area of Miami, with additional offices in the Doral/Airport area, Downtown Coral Gables and Downtown Fort Lauderdale, NAI Miami | Fort Lauderdale has been a market-leading, full-service commercial real estate brokerage firm since 1996, providing exceptional service and expertise in the South Florida Market. We are independent owner-operated and locally grown, with the freedom to act quickly and creatively on your behalf. With more at stake than traditional firms, NAI Miami | Fort Lauderdale takes your business personally and is committed to providing the highest level of service and smart execution.

At NAI Miami | Fort Lauderdale we possess the multiple disciplines required of a full-service real estate firm with expertise in sales and acquisitions, leasing, management, financing, planning, zoning, litigation support, and forensic real estate analysis. We serve our clients with a single point of contact that effectively delivers a variety of strategic and tactical solutions across platforms. We understand the realities of today’s business world. The bottom line – we know that when we deliver results to our clients, we all benefit. To learn more, visit www.naimia-ftl.com.

About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting, and related advisory services. NAI Global member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe, and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges. To learn more, visit www.naiglobal.com.