Rare Edgewater Assemblage Trades For $17M As Similar Sites Disappear
The sale equates to roughly $281 per square foot of land.
The sale equates to roughly $281 per square foot of land.
The parcel offers more than 1,000 feet of frontage along Florida’s Turnpike.
He brings more than 20 years of experience across the public and private sectors spanning real estate development, land use and zoning, urban planning, acquisitions and dispositions, asset management, and public-private partnerships.
The firm first brought on David Bateman as Managing Director for his operational leadership, broker implementation experience, and 20-year track record including senior roles at CBRE and Avison Young.
The new division is led by Director of Commercial Real Estate Shane McCain.
The properties were sold by Frisbie Group-affiliated ownership, along with entities tied to ophthalmologist Dr. Stephen Sullivan and Marcia Sullivan.
The site has long attracted developer interest because of its scale, location and proximity to transit.
The 7.75-acre development site sold for nearly $6.6 million.
The new team additions bolster Cushman & Wakefield’s capabilities in Florida’s burgeoning Treasure Coast and Space Coast regions.
Developed for owners, investors, asset managers, and brokers across Florida and the U.S., ValueGrid modernizes the traditionally static valuation process by combining property organization, document management, and valuation ordering in a single digital environment.
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