Established 1977
A South Florida real estate development firm. We built to own, to operate, and to serve the communities around us.
Sherry Realty was built on one conviction: develop for the long hold, not the next boom. That discipline carries its own obligation. You can only hold and operate an asset profitably over decades if it genuinely serves the community around it, so highest and best use, for us, meant the use a community actually needed. We entered emerging areas early, developed each site to that standard, and held what we built as cash-flowing operating businesses. That standard held from the first project to the last.
Our founder built one project at a time, on his own. As the firm grew, we built the capacity to run several at once. In the years that followed, we developed across four asset types and three exit models: ground-up self-storage held and operated to stabilization; a condo-warehouse park carried to a unit sell-out; a mixed-use site assembled and entitled through complex rezoning; and a single-tenant net-lease asset acquired through a tax-deferred exchange. When a build stalled under two successive general contractors, we installed our own oversight and brought it to completion.
When the portfolio matured, we sold by design, realized the gains, and closed the development chapter.
Noah Sherry
Managing Principal
Noah Sherry joined the firm in 1999 and led its development through 2015. An engineer by training, he built the systems and operating capacity to run several developments at once, where the founder had built one at a time, and took each project full-cycle as principal, from feasibility and entitlement through construction, leasing, and disposition.
Robert Sherry
Founder · Developer & General Contractor
Robert Sherry founded Sherry Realty in 1977. He came to development the long way: from the Bronx, top of his class at Stuyvesant, highest honors in banking and finance at NYU, a Navy officer trusted with cryptography, among the early traders of listed options on the New York Stock Exchange. He built businesses before he built buildings: his family’s linens store, his own shop, then income properties across New York and New Jersey.
When he turned to development, he was his own general contractor. He built Airbase Plaza, his own home, and TamAir himself, and held what he built. His approach was patient and particular: develop for the long hold, in places others hadn’t reached, and run each property as a business that served what its community needed. That conviction became the firm’s foundation, and it is how the next generation was raised, on plans and problems brought home to the dinner table years before joining the firm. He passed in 2014.
Each project across its full lifecycle, from development or acquisition to sale.
Airbase Plaza
Retail · Homestead
Acquired 1985 · Developed 1990–1991 · Held & operated to 1999 · Sold 1999
TamAir OfficePlex
Office / Retail · Miami
Developed 1997–2002 (phases completed 1998 & 2002) · Held & operated to 2005 · Sold 2005
Kendall Commerce Park
Condo-Warehouse · Miami
Developed 2001–2007 · Sold 2007
Big Key Self Storage
Self-Storage · Miami
Developed 2001–2008 · Held & operated to 2014 · Sold 2014
Coral Lakes Plaza
Mixed-Use Entitlement · Miami
Acquired & entitled 2005–2015 · Sold 2015
CVS Pharmacy
Net-Lease Retail · Port Richey
Acquired 2014 (1031 exchange) · Held to 2020 · Sold 2020
Robert Sherry, as his own general contractor
Homestead, FL
Our founder’s first ground-up development, acquired in 1985, built as his own general contractor, and held nearly a decade.
Miami, FL
Our founder’s last build as his own general contractor; our managing principal operated it and led the sale.
13205 & 13255 SW 137th Ave. National tenant: Hertz.
Noah Sherry, 1999–2015
Miami, FL
Developed ground-up, held and operated to stabilization, then sold.
An American Tower cell-tower lease anchored supporting income.
Owner-led completion
When the build stalled under two successive general contractors, we took it over with our own oversight and carried it through to completion, meeting every commitment to our lender.
Miami, FL
Developed ground-up and sold through a condominium unit sell-out.
Parallel execution, in one frame
Miami, FL
Assembled and entitled through complex rezoning; sold as shovel-ready land.
Port Richey, FL
Acquired through a 1031 exchange and held to a 2020 sale.
Where it started
Our roots ran through New York and New Jersey before Florida: our founder’s operating businesses in the Bronx, early residential rentals, and a strip center in Irvington, New Jersey, held for decades and later exchanged into the CVS above.
Sherry Realty’s development chapter is complete. The work continues today through Cora Development Group, co-founded by Noah Sherry.
For a conversation or a diligence inquiry, send a note.