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Ilona Antonova

Retail repositioning & adaptive reuse specialist focused on transforming shopping malls into experie

Company
Royal Empire Realty LLC

www.royalempirealty.com/

Fort Lauderdale, Florida

What does Royal Empire Realty specialize in?

Royal Empire Realty is a national brokerage and advisory firm specializing in business sales, commercial real estate, and the repositioning of retail assets, including shopping malls, mixed-use properties, and adaptive reuse into data centers and experiential developments.

What types of deals do you handle?

We advise on and broker a wide range of transactions across the United States, including:

Cash-flowing businesses and franchises for sale
Investment-grade commercial real estate acquisitions and dispositions
Shopping mall repositioning and redevelopment opportunities
Adaptive reuse projects (including data center conversions)
Large-format retail and anchor space leasing & disposition

From Main Street businesses to 400,000+ SF mall redevelopments, we structure and execute complex deals.

How do you create value for buyers and sellers?

Led by Ilona Antonova, Royal Empire Realty takes a strategic, deal-driven approach focused on maximizing value through:

Confidential business valuations & pricing strategy
Buyer qualification & investor matchmaking
Access to national and international investor networks
Creative deal structuring and financing solutions
Co-brokerage collaboration on a national scale

What makes your firm different?

We specialize in identifying underutilized assets and unlocking value through repositioning strategies, including:

Transforming underperforming malls into event-driven retail destinations
Converting large retail spaces into data centers and infrastructure assets
Structuring deals that align with modern demand drivers (experiential retail, last-mile, edge computing)

We don’t just list assets — we reposition and activate them.

Who do you work with?
We partner with:
Business owners and franchise operators
Real estate investors and private equity groups
Developers and redevelopment specialists
Data center operators and infrastructure users
Retail, entertainment, and experiential tenants
Services Offered
What services does Royal Empire Realty provide?

Royal Empire Realty is a national brokerage and advisory firm specializing in commercial real estate, business sales, and adaptive reuse strategies, with a focus on mall repositioning, data center conversion, and value-add investments across the U.S.

Retail & Mall Repositioning

We represent underperforming malls, shopping centers, and large-format retail assets, advising on:

Strategic leasing & tenant repositioning
Event-driven activation strategies
Adaptive reuse into mixed-use, experiential, or data center assets
Anchor space disposition (20,000–400,000+ SF)

Data Centers & Digital Infrastructure

We specialize in adaptive reuse of retail into powered shell data centers, including:

Edge computing & last-mile infrastructure sites
Colocation & hyperscale opportunities
GPU / AI data center environments
Site selection with power, fiber, and scalability

Multifamily & Development Land
Stabilized multifamily investments
Entitled land & ground-up development
PUDs, townhome, and residential projects

Business Sales & Franchise Brokerage
Cash-flowing businesses & franchise resales
NDA-secured buyer screening & CIM preparation
Full-service deal management from listing to closing

What makes us different?
Nationwide reach with investor & operator network
Expertise in adaptive reuse & repositioning strategies
Creative deal structuring & financing solutions
About

Who is Ilona Antonova and what does she specialize in?

Ilona Antonova is a licensed real estate broker and founder of Royal Empire Realty, specializing in the repositioning of retail assets, shopping malls, and large-format commercial properties across the United States. Her primary focus is on adaptive reuse, event-driven activation strategies, and the conversion of underperforming retail into mixed-use and data center infrastructure opportunities.

What types of properties and opportunities does she work with?

Ilona works with investors, developers, and operators on:

Shopping malls and retail centers (value-add & redevelopment)
Anchor boxes and large-format spaces (20,000–400,000+ SF)
Mixed-use repositioning opportunities
Adaptive reuse into data centers, edge computing, and digital infrastructure
Event-driven and experiential retail environments

From stabilized assets to underutilized properties, the focus is on unlocking hidden value through strategic repositioning.

How does she create value for clients?

Ilona takes a hands-on, strategy-first approach to every deal, combining:

Asset repositioning and redevelopment planning
Tenant mix strategy and leasing optimization
Event-driven traffic activation models
Adaptive reuse feasibility for data centers and infrastructure
Acquisition, disposition, and investment advisory

She works closely with clients from initial valuation and underwriting through due diligence and closing, ensuring each transaction is aligned with long-term asset performance and scalability.

What is her expertise in adaptive reuse and data centers?

Ilona specializes in identifying retail properties that can be transformed into:

Edge computing and last-mile data centers
Carrier-neutral and colocation facilities
Powered shell infrastructure for hyperscale or regional operators

By leveraging existing power capacity, location advantages, and building scale, she helps clients reduce time-to-market and development costs compared to ground-up construction.

What makes her approach different?
Focus on repositioning vs. traditional brokerage
Ability to connect retail real estate with modern demand drivers (AI, data, experiential use)
Access to national and international investor networks
Experience structuring creative, value-add transactions

She doesn’t just sell properties — she helps transform them into higher-performing assets.

Who does she work with?
Real estate investors & private equity groups
Developers & redevelopment specialists
Data center & infrastructure operators
Retail, entertainment, and experiential tenants
Business owners and multi-unit operators
What types of transactions has she represented?

Ilona has successfully represented sellers and buyers in:

Shopping malls and redevelopment sites
Automotive and service-based businesses
Cash-flowing operational companies
Large-format retail and mixed-use opportunities

Many opportunities include:

Seller financing
Value-add repositioning potential
Flexible lease structures
Development and redevelopment upside

Where does she operate?

Based in South Florida, Ilona works with clients nationwide, with a focus on markets where retail repositioning, adaptive reuse, and infrastructure demand are rapidly growing.

Co-Brokerage & Collaboration
Active on BizBuySell and commercial platforms
Open to partnerships with brokers representing qualified buyers

Expertise

Experienced in but not limited to the following services and sectors. Contact for a full list.

  • Automotive & Boat
  • Building & Construction
  • Entertainment & Recreation
  • Real Estate Sales
  • Non-Operating or Distressed Businesses
  • Exit Planning Services
Licensed In
Florida
3449349
Affiliations
  • Licensed Real Estate Broker – State of Florida Principal Broker – Royal Empire Realty LLC Paralegal Degree – University of Florida Business Sales & Commercial Real Estate Specialist Member – BizBuySell Co-Broker Network Active in national markets including Florida, Texas, Nebraska, Ohio, and Illinois Experienced in SBA deal preparation, lease negotiations, and JV structuring Fluent in English and Russian
Agents
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Serving: Broward County, FL

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