Team Gardner/Langley exclusively handles Record Setting Key West Shopping Center Sale
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Claude Gardner and Will Langley, of Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty, broker the sale of Overseas Market Shopping Center in Key West, FL.
KEY WEST, FL (March 17th, 2020) – Berkshire Hathaway HomeServices announced that Claude Gardner and Will Langley (Team Gardner/Langley), completed the sale of Overseas Market Shopping Center in Key West, Florida for $53.5 million.
Overseas Market Retail, LLC, managed by Key West resident Kenneth R. Silverman purchased the retail Center. Overseas Market Shopping Center is the newest of the power centers in Key West and was developed in partnership by LPI/Key West Associates LTD managed by Thomas E. Lewis.
Developed in 1991, the 15+ acre parcel was developed into a 172,000 square foot shopping center. The center has a strong Tenant mix, anchored by a highly performing Winn Dixie, Ross, CVS, AutoZone and Denny’s. There is also a great mix of strong local businesses in the Center
The transaction is the largest commercial retail shopping center sale ever in the Key West and Florida Keys. Gardner and Langley also sold the Historic Key West Inns collection, the Best Western Key West in 2018, and the 2016 sale of Peary Court, a $60-million deal involving a 24-acre townhome workforce housing neighborhood, also handled exclusively by Berkshire Hathaway Keys Real Estate/ Knight & Gardner Realty Commercial Services, representing the top four real estate transactions ever recorded in the Key West or Florida Keys Multiple Listing Services.
“Overseas Market is one of the premier shopping centers in Key West and an integral part of the Island’s business and commerce, so it is an honor to be a part of the first sale of the center since its inception, said Will Langley, principal Broker of the company which will also take over daily management of the center. “The transition will be a smooth one with no interruption to the tenants.”
“We congratulate Mr. Silverman and Mr. Lewis and are humbled by the trust and confidence they showed in our firm to handle this historic transaction”, said Claude Gardner.
About Berkshire Hathaway HomeServices Keys Real Estate | Knight & Gardner Realty
Keys Real Estate | Knight & Gardner Realty is a full-service real estate brokerage serving Key West, the Lower, Middle and Upper Florida Keys. The brokerage, founded in 1957, is Key West’s oldest real estate company and a perennial market leader. Visit www.keysrealestate.com.
About Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices, based in Irvine, CA, is a real estate brokerage network built for a new era in residential real estate. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability and longevity. Visit www.berkshirehathawayhs.com.
Contact:
B.William Langley, PA (305) 394-9020
Claude J. Gardner, Jr. PA (305) 766-3133
