National School Developer Sells Broward County Property For $11.88 Million
Fortec has developed 16 schools nationwide in the last three years.
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Fortec has developed 16 schools nationwide in the last three years.
The company has been a tenant for 23 years.
Setting a new record for a single tower, residential construction loan at $600 million, Mast Capital continues to redefine boundaries with their 80-story Cipriani-branded condominium development, slated to break ground on Tuesday.
Colliers Vice President Virgilio Fernandez represented the seller and the buyer in the transaction.
Located at the corner of SW 336th Street and SW 142nd Avenue, the project, known as Racetrack Toy Collection, comprises two single-story buildings totaling 69,681 square feet.
The lease marks the largest industrial lease signed in Palm Beach County in 2023.
The seventh and final 15,000-square-foot parcel located at 1469 NW 13 Terrace closed this week.
This new phase will introduce nearly 25,000 square feet of retail offerings along 87th avenue and 929 parking spaces in the garages serving the retail.
The JLL office brokerage team of Managing Directors Steven Hurwitz and Doug Okun, Kevin Probel, Senior Managing Director, Clark Finney, Executive Managing Director, and Madeline Fine, Associate, will lead leasing efforts.
Cushman & Wakefield’s Miami-based Office Agency Leasing team of Jeannette Mendoza, Brian Gale, Andrew Trench, Ryan Holtzman, Eddie Quinon, and Lena Weeks oversee leasing efforts at Waterford Atrium and represented the landlord for all transactions.
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