Track record · 2011–2026

Ayal Frist: Track Record

Selected leasing assignments, acquisitions, developments and investments across Boca Raton and South Florida. Grouped by property. Individual lease transactions number in the hundreds.

Behavioral health

Featured. Treatment facilities are a real estate asset and an operating business at the same time. Read why underwriting the operator matters.

Behavioral health2016–present

Medical / treatment facility, Boca Raton

Location Boca RatonType Acquisition, development and NNN leaseRole Principal (Eretzor fund)

Acquired and redeveloped a building for a behavioral health treatment operator, leased on a triple-net basis. 2016 improvement estimates were about $800K of tenant work and $400K of landlord work.

Behavioral health2021–present

Treatment facility, West Palm Beach

Location West Palm BeachType Acquisition, NNN lease and development approvalRole Principal / sponsor

Acquired with an initial investment of about $1.8M (2021), bank-financed and leased on a triple-net basis to a behavioral health treatment operator. A development order for part of the site was obtained in 2024.

Behavioral health2022–2023

Behavioral health operating business: asset sale

Location South FloridaType Operating-business sale (asset purchase agreement)Role Seller-side principal

Sold the assets of a detox operating business to a healthcare company under an asset purchase agreement and amendments.

Behavioral health2023–2025

Treatment facility, Jupiter

Location JupiterType Acquisition (membership-interest purchase) and leaseRole Principal / general partner

Acquired a treatment-center property in 2023 through a membership-interest purchase and leased it to behavioral health treatment operators. Bank financing closed in October 2025.

Leasing

Aerial view of the Boardwalk at 18th St (formerly Wharfside at Boca Pointe), Boca Raton
Leasing2011–2018

Wharfside at Boca Pointe

Location 6853/6859 SW 18th St, Boca RatonType Retail / medical leasingRole Leasing agent, Stateland Brown

Leasing at a shopping center of about 20,000 SF, including a 2,850 SF lease to Quest Diagnostics and a 1,167 SF professional-office lease.

Fountains center at Boca Medical Plaza, W Camino Real, Boca Raton
Leasing2012–2024

Fountains of Camino / Boca Medical Plaza

Location 7000–7700 W Camino Real, Boca RatonType Office / medical leasing and property managementRole Leasing agent and manager

Leasing and management of suites from 1,000 to 12,000 RSF (including a 12,000 RSF fourth-floor suite) at asking rents of about $18–22/SF plus CAM. Tenants included the University of Miami.

Leasing2016–2024

City National Bank Plaza

Location 7000 W Palmetto Park Rd, Boca RatonType Office leasingRole Leasing agent

Office suites (e.g., 4,615 RSF and 3,292 SF) at about $20–22/SF asking, plus fitness, finance-company and rooftop wireless leases.

Grove Centre, 21301 Powerline Rd, Boca Raton
Leasing2012–2024

Powerline Road retail

Location 21301 / 22107 Powerline Rd, Boca RatonType Retail leasingRole Leasing agent

Neighborhood retail suites of 1,000–5,200 SF (about $40/SF asking in 2018). Tenants included Bagel Boss and a kosher butcher.

Leasing2017–2021

Palmetto Park City Center

Location 120–122 E Palmetto Park Rd, Boca RatonType Office leasing and marketingRole Leasing and marketing

Leasing and marketing of downtown Boca Raton office space, including a 14,196 SF listing at $32.00/SF (2021) and a 4,000 RSF partial floor.

Investment

Investment2015–2016

Walgreens, Boynton Beach

Location N Congress Ave, Boynton BeachType Net-lease retail acquisition and refinanceRole Principal / buyer

Acquired a Walgreens-occupied retail property in 2015 and refinanced it in 2016.

Investment2018–2021

Real estate joint ventures

Location South Florida (incl. Hollywood)Type Acquisition / development JVsRole Co-investor / JV partner

Co-invested in joint ventures including Sand Cove (about $14–15M; about $140K per door), La Costa ($16M) and Isle of Dreams, plus a development at 4465 Griffin Rd, Hollywood.

Investment2019–2022

Limited-partner investments

Location Jacksonville, FL and Chicago, ILType LP investmentsRole Passive LP investor

Passive limited-partner positions in investments in Jacksonville and Chicago.

Investment2016; 2021

601 N Ocean Blvd

Location Pompano BeachType Investment proposalRole Sponsor

Sponsored an investment proposal for the property.

Development

Ayal previously led construction and development through Eretzor Construction.

Development2015–2019

Eretzor Investments: single-family builds

Location West Palm Beach and Pompano BeachType Residential development and saleRole Co-founder / sponsor

Single-family builds and flips in West Palm Beach and Pompano Beach. All homes were sold by February 2019.

Brokerage

Brokerage2018–2020

Weichert Realtors franchise

Location Delray BeachType Brokerage franchiseRole Owner

Owned and operated a Weichert Realtors franchise through Stateland Brown.

Brokerage2024

2151 W Hillsboro Blvd

Location Deerfield BeachType Investment sale listingRole Listing broker

Listed an income property marketed at about $700K NOI.

Brokerage2021

Investment sale

Location South FloridaType Sale brokerage

Signed sale contract at $2.5M.

Advisory

Advisory2020

Residential purchase

Location Boca RatonType Residential acquisition supportRole Facilitator

Guided private buyers through inspection, mortgage and escrow on a Boca Raton home purchase.

Figures are approximate and drawn from transaction records. Career totals on the home page are per Ayal Frist's LoopNet broker profile. Tenant and counterparty names appear only where public. Nothing here is an offer of any security.