Heron Bay Office Buildings Hit The Market

Tiktin Real Estate Investment Services (TREIS) announced that the firm has been named the exclusive sales agent of a Heron Bay office and retail portfolio in Coral Springs.

The 14-acre site, located directly off the Sawgrass Expressway on Coral Ridge Drive, features Waterway Shoppes, a 40,258 square-foot retail center; Heron Bay III, a 45,344 SF Class A office building; and Heron Bay IV, a 45,383 SF Class A office building.

TREIS President Adam J. Tiktin and Investment Associate Alejandro Snyder have listed the portfolio for $47.37 million.

The three buildings were constructed in 2006 and 2008 and are fully occupied with a mix of national, regional and local tenants. The properties are part of the City of Coral Springs 22-acre master-planned commercial development.

The Heron Bay portfolio is located at 5810, 5830 and 6230-6240 Coral Ridge Drive in Coral Springs. The two office buildings benefit from direct visibility to the Sawgrass Expressway, which records traffic counts of 180,000 cars daily.