Six Weeks Brings A Buyer For Cypress Creek Tower
The quick-to-close sale transaction within Broward County’s second largest office submarket is a good representation of heightened investor confidence and demand. CLICK ON THE HEADLINE FOR MORE
The quick-to-close sale transaction within Broward County’s second largest office submarket is a good representation of heightened investor confidence and demand. CLICK ON THE HEADLINE FOR MORE
Avison Young’s Michael Fay and John Crotty, CCIM, will lead the marketing initiatives for the asset. CLICK ON THE HEADLINE FOR MORE
The 141,186-square-foot building, which sits on a 8.7-acre site, is located in West Palm Beach. CLICK ON THE HEADLINE FOR MORE
The change in ownership is expected to add 70 employees from Collier’s Miami, Fort Lauderdale and Palm Beach offices to Avison Young’s operations. CLICK ON THE HEADLINE FOR MORE
The new owner plans to renovate the building immediately in order to upgrade its features to that of a ‘Class A’ boutique office product. CLICK ON THE HEADLINE FOR MORE
Since obtaining the account in 2011, the Colliers team has already sold more than two million square feet of surplus land throughout the state for the company. CLICK ON THE HEADLINE FOR MORE
The site is zoned for multiple uses including hospitality, office and retail development, as well as multifamily development. CLICK ON THE HEADLINE FOR MORE
The new owner, a retail user, plans to occupy the majority of the site and develop the balance. CLICK ON THE HEADLINE FOR MORE
Fay was honored for referring the most business throughout the globe from his relationships with various lenders and clients. CLICK ON THE HEADLINE FOR MORE
Florida Motels Group, Inc. will operate the 100% occupied building as an income producing investment. CLICK ON THE HEADLINE FOR MORE
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