Florida Individuals and Businesses – April 18, 2025

Florida Individuals and Businesses – April 18, 2025
Florida Individuals and Businesses – April 18, 2025

**Florida People & Companies – April 18, 2025**

**Franklin Street Promotes Gregory Matus**
Franklin Street, a Tampa-based commercial real estate firm, has announced the promotion of Gregory Matus to Executive Vice President. Matus, who has been with the company for 11 years and most recently served as Managing Director, is based in Franklin Street’s Fort Lauderdale office. He will continue to lead the company’s Capital Markets division, overseeing Investment Sales and Capital Advisory. In his expanded role, Matus will also take on additional external responsibilities aimed at supporting the firm’s broader growth strategy.

**Savills Reports Spike in Tampa Bay Office Leasing**
Savills’ Q1 Tampa Bay office market report highlights a significant increase in leasing activity, which totaled 2.1 million square feet. This marks a 79% jump year over year, indicating strong demand and market momentum in the region’s office sector.

**Red Oak Village in Atlanta Sells for $9 Million**
Marcus & Millichap announced the $9 million sale of Red Oak Village, a 75,011-square-foot retail center located in Atlanta, Georgia. The four-building property, situated at 3435 Roosevelt Highway, sits on 9.86 acres and is anchored by tenants such as Family Dollar, Wayfield Foods, T-Mobile, and the U.S. Postal Service—all operating under triple-net leases. Salim Valiani and Alex Goodale represented the seller, Y & H Property Inc., and also procured the buyer, BJ & Properties LLC. The transaction involved seller financing for a 1031 exchange buyer.

**Boathouse Marine Center in Pompano Beach Sells for $16.1 Million**
The Boathouse Marine Center, a dry-stack marina in Pompano Beach, has been sold for $16.1 million. The property includes a 36,000-square-foot facility for boat sales, repairs, and storage, located at 599 S. Federal Highway. Larro Holdings was the seller, with BlueWater Marinas acquiring the asset. Financing for the deal was secured through a $12.5 million mortgage from First United Bank and Trust Co., with a five-year term. The asset last sold for $2.45 million in 2013.

**San Souci Plaza Sells for $16 Million in North Miami**
Two retail buildings at the San Souci Plaza in North Miami have sold for $16 million. The 47,350-square-foot property, located at 2104 and 222 N.E. 123rd Street, was sold by Matthews Real Estate Partners to a company led by Aventura-based investor Sebastian Guejman. Avison Young’s Michael T. Fay, John K. Crotty, David Duckworth, Brian C. de la Fé, and Philip Shapiro represented the seller, while Mario Borda of BCRE worked with the buyer to complete the transaction.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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