OceanLand Acquires Development Site In Fort Lauderdale For $13.2M With Seller's Rep Brad Capas - Cushman & Wakefield

OceanLand has acquired a development site located at 105 Nw 3 Ave in Fort Lauderdale. The property, consisting of 0.95 acres, was sold by Florida East Coast Industries for a total price of $13,200,000.

Summary of Transaction Details

• Property Type: Development Site
• Transaction Amount: $13,200,000
• Address: 105 Nw 3 Ave, Fort Lauderdale
• Market: Fort Lauderdale
• Buyer: OceanLand - Jean Francois Roy & Marc Andre Roy
• Seller: Florida East Coast Industries
• Seller's Representative: Brad Capas - Cushman & Wakefield
• Acres: 0.95

Brad Capas of Cushman & Wakefield represented Florida East Coast Industries in the transaction. This acquisition marks an important step for OceanLand in expanding its portfolio in the Fort Lauderdale market.