Abrams Realty & Development, LLC acquired Dekalb Plaza from Broad Street Realty, Inc. for $23.1 million.
July 25, 2023
Share
Abrams Realty & Development, LLC acquired Dekalb Plaza from Broad Street Realty, Inc. (OTCPK:BRST) for $23.1 million on July 20, 2023. JLL Capital Markets acted as sell-side financial advisor to Broad Street Realty, Inc.
Abrams Realty & Development, LLC completed the acquisition of Dekalb Plaza from Broad Street Realty, Inc. (OTCPK:BRST) on July 20, 2023.
Broad Street Realty, Inc. is a fully integrated and self-managed real estate company. The Company is focused on owning and managing essential grocery-anchored and mixed-use assets located in densely populated technology employment hubs and higher education centers within the Mid-Atlantic, Southeast, and Colorado markets. The services offered by the Company include tenant representation, investment and user sales, property management, consulting services, asset management, development/project management, and property listings. In addition, it provides commercial real estate brokerage services for its own portfolio and third-party office, industrial and retail operators and tenants. The Companyâs portfolio of properties includes Avondale Shops, Brookhill Azalea Shopping Center, Coral Hills Shopping Center, Crestview Square, Cromwell Field Shopping Center, Highlandtown Village Shopping Center, Lamar Station Plaza, Hollinswood Shopping Center, The Shops at Greenwood Village, among others.