JV Involving Russell Galbut’s GFO Investments Acquires Fort Lauderdale’s Galleria Mall
The new owners plan to reimagine the 800,000-square-foot property as a vibrant hub of retail, culture, and community.
The new owners plan to reimagine the 800,000-square-foot property as a vibrant hub of retail, culture, and community.
The site recently received site plan approval from the City of Miami for a three-building, eight-story mixed-use development consisting of 1,050 residential units and 49,737 square feet of commercial space.
The sites offer the opportunity to construct 3.1+ million gross square feet, across multiple towers and to a height of 1,049 feet. By-right uses include condominium, hotel, office, retail, or any combination, thereof.
Robert Given, Casey Rosen, Brad Capas and George Good with CBRE are marketing the property on behalf of the property owner.
The team has closed over $25 billion in multifamily transactions.
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