Bradford Marine Acquires Roscioli Yachting Center In $44.27M Deal

The property asset involved in the transaction is a commercial real estate located at 3201-3225 West State Road 84 in Fort Lauderdale, comprising 12.1 acres. The sale price of the property was $44,270,000, with a total square footage of 222,890, resulting in a price per square foot of $199.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $44,270,000
• Address: 3201-3225 West State Road 84
• Market: Fort Lauderdale
• Acres: 12.1
• Square Footage: 222,890
• Price Per Square Foot: $199
• Buyer: Bradford Marine - Michael Kelly & John Kelly
• Seller: OneWater Marine - Austin Singleton
• Lender: BankUnited

Bradford Marine's acquisition of the Roscioli Yachting Center involved key figures including Michael Kelly and John Kelly representing the buyer, and Austin Singleton representing the seller. This deal resulted in the addition of 40 new employees to Bradford Marine's operations as they expand their marine facilities in Fort Lauderdale.