Osborne has represented The Strachman Family as trust advisor over the last 20+ years and, in the last 5 years, helped in repositioning its portfolio of management-intense multi-tenant retail properties. The family is repositioning its portfolio for the future.
John Criddle and Joe Freitas with CBRE represented the landlord, Ivy Realty Services, in lease negotiations.
EON Squared includes a 206-unit tower and an adjacent 270-unit tower completed in 2019 and 2021.
The buyer’s plans include a multifamily development on the site.
The assemblage occupies an entire city block in Fort Lauderdale’s hip Flagler Village neighborhood, located just two blocks north of Las Olas Boulevard in Downtown Fort Lauderdale.
The transactions total $13.78 million.
The development firm has transformed the industrial building on NE 2nd Ave. into a mixed-use destination, including a compelling assortment of boutique shops, prospective office, and food-and-beverage concepts, to serve thousands of current and incoming neighboring apartment dwellers.
Some envision it as a version of Miami’s Wynwood Arts District, with trendy cafes, galleries and boutiques occupying the dated buildings near the railroad tracks between Sistrunk and Sunrise boulevards. CLICK ON THE HEADLINE FOR MORE
Flagler Village is part of a wave of infill development taking place in the city’s central business district, where developments underway are expected to deliver 4,300 new residential units to the market in the next five years. CLICK ON THE HEADLINE FOR MORE
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