The JLL brokerage team of Katie Fernandez-Espinosa, Vice President of Retail Advisory Services, and Rafael Romero, Senior Vice President of Retail Advisory Services, will be spearheading the retail and office leasing at the property on behalf of the ownership group Dubner Properties.
The office building represents McGuire Development Company’s first Southeast Florida acquisition.
Richard was a fixture in the commercial real estate world in Broward and Palm Beach Counties, forever networking and enjoying countless industry events.
At $226 per square foot, the sale represents the highest price per square foot in Cypress Creek over the past decade.
Berger Commercial’s Brian Batchelder, Jonathan Thiel and James Karrat negotiated the deal.
The project will include 1,300 apartments, office and retail, and possibly a hotel.
The property was sold to an affiliate of Banyan Street Capital.
The newly proposed mixed-use lifestyle project spans 31 acres.
Colliers South Florida’s Jonathan Kingsley and Jarred Goodstein represented the landlord and tenant in the transaction.
He will continue a career of pursuing investor leasing opportunities in downtown Fort Lauderdale and Broward County.