The Island Acquires Commercial Property In Coral Springs For $5.73M

An Outparcel at Coral Springs II located at 8931-8947 W Atlantic Blvd in Coral Springs was recently sold for a price of $5,730,000. The commercial property spans 7,500 square feet and was purchased at a rate of $764 per square foot. The transaction took place on July 19, 2022.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $5,730,000
• Square Footage: 7,500
• Address: 8931-8947 W Atlantic Blvd - The Outparcel at Coral Springs II
• Market: Coral Springs

Ingrid Andres and Greg Gringruz from The Island represented the buyer, while Alex Sharrin from JLL represented the seller in this transaction. The deal was closed, funded, and purchased below the appraised value.