Bi Annual Update from Saglo

August 2015 – Saglo Development and Realty (Miami, FL Based Commercial Real Estate Company) has had success in acquiring assets, disposing of assets, raising equity (via crowdfunding and friends & family) as well as retail leasing and management.

Saglo has had an exciting 2015 thus far

  • Our portfolio of company owned shopping centers in Florida totals 950,000 SF (we will purchase several more over the next couple years)



  • At the beginning of this year, using Crowd-Funding and Jack Glottmann’s  Friends & Family, we raised outside equity to recapitalized 2 shopping centers that were purchased in 2014.
    • $6.22 MM of equity was required to purchase Sun Point and Central Plaza shopping centers including reserves, fees and 65% LTV debt.
    • $1.832 MM was sourced via EarlyShares crowdfunding platform
    • $3.766 MM was sourced via Friends and Family of Jack Glottmann (President of Saglo)
    • $622K of Saglo’s equity remained in the 2 assets
    • The properties can be viewed:


  • We have 300K SF of commercial property in South Florida which we provide 3rd party leasing and/or management (we are able to add 500K SF of additional assignments with our current infrastructure)


  • After acquiring CVS Plaza (Miami, FL) in the Summer of 2013 for $4.4MM, we successfully sold the property in June for $6.45MM


  • 8 members of our team will be attending the ICSC Florida Conference.  Please stop by Booth #2666, I would love to see you.


What are your goals for the remainder of 2015 and is there any way I can help assist you with reaching them?  I believe in giving forward and consistent persistence!

Our skill set includes: retail leasing & property management, analyzing & buying shopping centers, tenant representation, being creative and working hard!

Please connect with me on LinkedIn, visit to view all of our properties.

… I’ll end with a couple memes I created

Big Picture (Medium)

Photo taken in Taiwan (2012)

Happiness comes from within logo (Large) (Medium)

Photo taken in Taiwan (2012)

Hue Chen, Vice President

Saglo Realty | Licensed Real Estate Broker

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