The retail property, located at 1815 Cordova Road in Fort Lauderdale, totals 230,000 square feet.
Yishai Sinai, Managing Broker with Biscayne Advisors, represented the buyer in the transaction. Berger Commercial Realty’s Brian Batchelder and Joseph P. Byrnes represented the seller.
The buyer intends to renovate and lease the property.
A new lease deal for 98,012 square feet brought the 677,318-square-foot logistics park to full occupancy.
A full-service personal injury, product liability, and consumer advocate law firm, purchased the building.
Beck and Byrnes represented the seller, Benson Properties Inc., in the transaction. No outside brokers were involved in the deal.
The lease deal comes on the heels of 96,728-square-foot lease deal, which the Berger Commercial Team negotiated earlier this month.
The Bridge Point 595 location marks a new Florida location for the company.
The sale price equates to nearly ±$1.2 million per acre.
A leading provider of e-commerce fulfillment and technology solutions has signed a long-term lease agreement.
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