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WAVERLY SHOPPING CENTER TRADES FOR $1.6 MILLION

Pompano Beach, FL – September 21, 2011 – (RealEstateRama) — In an all-cash transaction, JR Enterprises LLC sold Waverly Shopping Center for $1.6 million to Waverly Pompano Center LLC. The 20,521-square-foot retail center is located at 437 East Atlantic Boulevard in Pompano Beach. CBRE brokers, David Donnellan and Todd Weintraub negotiated the transaction on behalf of the seller. Gene Snyder Company represented the buyer