The Quay
Fort Lauderdale, FL
PROPERTY CHARACTERISTICS
- 73,000 sf retail center
- Situated on 6.97 acres on the intracoastal waterway in Fort Lauderdale
ACQUISITION
- April 2019
INVESTMENT OPPORTUNITY
- Infill, waterfront location near Downtown Fort Lauderdale, within two blocks of the Broward County Convention Center and Port Everglades, one of the world’s busiest cruise ports
- High traffic and low retail vacancy on the SE 17th Street corridor
- Cash-flowing property with strong in-place NOI
EXECUTION
- Partnered with institutional JV partner to acquire property
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