Sun Plaza
950-1000 South State Road 7
Margate, FL 33068
This 32,000-square-foot retail center located in Margate, Florida was purchased as a distressed asset in 2012 with a 34% occupancy rate.
The Faith group renovated the plaza and launched a leasing initiative and, within a few months, occupancy had increased to over 88%. The property was sold soon after it was stabilized in 2014.