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The project will deliver 384 apartment residences totaling approximately 391,747 square feet featuring structured parking and an extensive suite of lifestyle-focused, state-of-the-art amenities.
The 164,000-square-foot, 36-foot clear height rear-load industrial distribution building is 100% leased to two tenants.
The 43,878-square-foot professional building located within PGA Station sold for $15.5 million.
The office opening marks a significant milestone in the firm’s continued growth across South Florida, joining existing offices in Palm Beach Gardens, Boca Raton, and Tampa.
The assignment follows JLL Capital Markets’ sale of the 91,956-square-foot property to New York Life for $38.3 million.
Colliers’ Jake Freeman, Kevin Gonzalez, and Maggie Guajardo Kurtz oversee office and retail leasing activity for both projects.
The deal was facilitated by Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors.
The seller originally acquired the property in 2017 for $12.2 million.
The Main was fully leased within two years of delivery and remains 100% occupied today with a high-quality tenant roster of national financial institutions, leading law firms and corporate headquarters.
Adam Marcuvitz, Joseph P. Thomas and Alec Demetriou, investment specialists in Marcus & Millichap’s Fort Lauderdale office, represented the seller in the transaction.
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