Mill Creek Residential Acquires Development Site In Davie For $25M

A development site located at 3400 S University Dr in Davie was recently sold for $25,000,000. The property spans approximately 212,572 square feet with a price per square foot of $118.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $25,000,000
• Address: 3400 S University Dr, Davie
• Market: Davie

The buyer, Mill Creek Residential, acquired the property from the seller, Jeff Brandon JV Nova Southeastern University. The transaction was facilitated by Manny de Zarraga, Maurice Habif, Simon Banke, and Ted Taylor of JLL acting as brokers for both parties.

Please note that no additional information was available regarding brokers' representation, loan details, or any other significant factors related to the transaction.