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