Aventura 2999 LLC has filed a revised proposal for the four-acre property at 2999 NE 191st Street, where the prior plan called for a 26-story condominium tower with 295 units.
Leasing was led by Irma Figueroa, Senior Director of Leasing and Sales for Comras.
The transaction set a new pricing benchmark for educational facilities on the Treasure Coast at approximately $229 per square foot.
Ocean Bank provided $28 million. Senior Vice President Jesus Garcia arranged the loan.
Cleveland Clinic will be the facility’s anchor tenant, occupying the entire 34,000-square-foot first floor.
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The 2.77-acre site currently includes about 18,740 square feet of aging industrial space.
Situated on Dixie Highway in Pompano Beach, Airpark Commerce Center comprises two buildings spanning 1.5 acres. The facility features an average suite size of under 2,000 square feet, making it an attractive option for small tenants.
The 36,041-square-foot facility is currently 63.4% leased, with 88% of the occupied space dedicated to healthcare users.
Newmark Senior Managing Director Jeremy Hakala and Managing Director Matt Himmelsbach are the listing agents for the project.