May
29
Fort Lauderdale-Area Office Asset Trades for $9M
ByCushman & Wakefield worked on behalf of the seller in the disposition of the campus. The deal included a $7 million acquisition loan.
Cushman & Wakefield negotiated the sale of Executive University Courts, a 97,125-square-foot office campus in Lauderhill, Fla. The property commanded $9.3 million.
The advisory team led by Managing Director Dominic Montazemi, Senior Associate Greg Miller and Executive Director Scott O’Donnell represented the seller, Kas University LLC, an affiliate of Miami-based SF Partners. According to public records, MYP Executive LLC purchased the property, receiving nearly $7 million in acquisition financing from Atlantic Coastal Bank…