Native Realty, the Jaime Sturgis-led real estate firm continued its torrid dealmaking pace in the beginning of 2022. The firm closed a number of new office, retail and industrial property sales throughout Broward County.
Recent closings include the $2.5 million sale of an 8,562-square-foot office building located at 900 NE 26th Ave. in Fort Lauderdale. Sturgis and Native Associate Dino Flora brokered the sale on behalf of NE 26th Ave LLC. Syvinnis Holdings Inc. purchased the property.
After Flora successfully brokered the $2.55 million sale of an 8,169-square-foot retail building at 1771 E. Sunrise Blvd. in Fort Lauderdale, Native Associate Stacy Karst secured a lease at the building with Fun Center Fort Lauderdale. Fun Center is one of South Florida’s fastest-growing tour and rental operators, facilitating Segway tours and rentals, jet ski and boat rentals, Everglades and helicopter tours, corporate events and more.
Native’s investment sales and leasing prowess were again on display with the sale and lease-up of a commercial property at 3031-3035 NE 12th Terrace in Oakland Park. Sturgis first brokered the $1.4 million sale of the then-vacant property at the end of December 2021, then Native Sales Director Kaley Tuning and Associate Spencer Scalzitti secured a 4,812-square-foot lease with private auto storage company Charlie Foxtrot and 4,803-square-foot lease with Prestige European Auto Service.
In Fort Lauderdale’s Sistrunk neighborhood, Sturgis and Native Senior Associate Dan Ross closed the $862,500 sale of a freestanding daycare building. The 4,448-square-foot daycare is located on a nearly half-acre property at 1301 NW Sixth Court.
Tuning also completed the $650,000 sale of a commercial condominium in Flagler Village’s Avenue Lofts building at 435 N. Andrews Ave.
“Our dynamic team is doing a tremendous job creatively brokering transactions that enhance the neighborhoods we spend our time in,” Sturgis said. “These recent deals show how Native’s associates effectively collaborate and apply our unique local market knowledge to produce strong results.”
The latest deals follow a busy end of 2022 highlighted by Sturgis representing entrepreneur and #1 Wall Street Journal bestselling author Patrick Bet-David on his purchase of commercial buildings in Oakland Park and Fort Lauderdale for a combined $8.6 million. Bet-David’s media company, Valuetainment, is expected to base its new headquarters in Oakland Park.
Native recently relocated its corporate headquarters to a new Fort Lauderdale office that is double the size of its previous headquarters. The 4,000-square-foot office is located at 1926 E. Sunrise Blvd. in the city’s Victoria Park neighborhood.
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