Medical / treatment facility, Boca Raton
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.
Track record · 2011–2026
Selected leasing assignments, acquisitions, developments and investments across Boca Raton and South Florida. Grouped by property. Individual lease transactions number in the hundreds.
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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.
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.
Sold the assets of a detox operating business to a healthcare company under an asset purchase agreement and amendments.
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 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.

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.
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.

Neighborhood retail suites of 1,000–5,200 SF (about $40/SF asking in 2018). Tenants included Bagel Boss and a kosher butcher.
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.
Acquired a Walgreens-occupied retail property in 2015 and refinanced it in 2016.
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.
Passive limited-partner positions in investments in Jacksonville and Chicago.
Sponsored an investment proposal for the property.
Ayal previously led construction and development through Eretzor Construction.
Single-family builds and flips in West Palm Beach and Pompano Beach. All homes were sold by February 2019.
Owned and operated a Weichert Realtors franchise through Stateland Brown.
Listed an income property marketed at about $700K NOI.
Signed sale contract at $2.5M.
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.