304 Southwest 145th Avenue (Google Maps, Getty)
A Russian ex-police common — allegedly tied to a general public corruption scandal in his motherland — dropped $23 million for a Pembroke Pines strip shopping mall.
An entity managed by Anatoly Petukhov bought the two-developing retail home at 304 Southwest 145th Avenue, documents present. The deal breaks down to $689 for every sq. foot for the 33,400-sq.-foot mall.
The vendor, an affiliate of Hart Lyman, a commercial true estate organization centered in East Syracuse, New York, paid $7.9 million for the land in 2014, and done the mall three yrs later, documents show.
The property’s tenant roster incorporates Xfinity, the Routine Burger Grill, Pieology Pizzeria, Firebirds Wood Fired Grill, European Wax Centre, and AT&T. Hart Lyman however owns a cafe leased to Twin Peaks that is also on the 4-acre site.
Given that immigrating to Sunny Isles Seaside in 2010, Petukhov has amassed a South Florida genuine estate portfolio really worth about $40 million. The resources have been allegedly acquired from shaking down community businessmen for law enforcement defense in Russia, according to court docket filings in Miami-Dade Circuit Courtroom.
He was the main deputy of a Russian elite law enforcement device that investigated organized crime, but the endeavor pressure was so corrupt it was inevitably shut down next a scandal, according to the Miami Herald, which initial noted about Petukhov.
The Miami Herald received a duplicate of a sealed 2013 civil lawsuit against Petukhov entities and his wife, Yulia Petukhova, alleging the ex-general extorted tens of thousands and thousands of bucks from the proprietors of a office retail store chain in Moscow when he was a superior position police formal. Petukhov made use of portions of his allegedly illicit gains to spend a merged $37.5 million for 8 South Florida properties, including a Fort Lauderdale strip shopping mall and 3 office structures in Miami-Dade and Broward. The lawsuit was privately settled in 2014.
Last yr, a Petukhov affiliate marketed a waterfront 5-bedroom home in Miami Beach’s Hibiscus Island for $8.3 million, records clearly show. The Russian actual estate investor nevertheless owns a different Hibiscus Island waterfront property, 350 South Hibiscus Travel, that he purchased for $7 million in 2015. In 2019, Petukhov accomplished an eight-bedroom, 10-rest room modern mansion on the website. He stated it for $17 million in 2017 when the residence was under construction, and all over again for the similar cost in 2019 when it was concluded. Equally listings were being taken down, in accordance to Zillow.
It is been a peaceful start out in 2023 for major retail trades in South Florida. This month, Los Angeles-dependent Randall Realty Team paid $15 million for an business office and retail creating in Palm Beach front.
