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Urban Street Development Sells Mixed-Use Development Site In Fort Lauderdale For $57.4M By Buyer Hines - Jeff Hines

Property Image
SOLD
$57,410,000

Florida

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Development Site8,001 SF
Sold 10/04/2021
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Property Image
SOLD

Urban Street Development Sells Mixed-Use Development Site In Fort Lauderdale For $57.4M By Buyer Hines - Jeff Hines

501 North Andrews Avenue, Fort Lauderdale, FL, USA

See Similar Deals
Development Site8,001 SF
Sold 10/04/2021
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$7,175
Total Square Footage:8,001 SF
Transaction Type:Sale

A mixed-use development site in Fort Lauderdale has been sold for a total of $57,410,000. The property is located at 501, 511-515, 535, 545 North Andrews Avenue; 500-508, 510, 512, 516, 528, 530 and 548 Northwest First Avenue; and 10 Northwest Sixth Street. The sale took place on October 4, 2021.

Summary of transaction details

  • Property Type: Mixed-use Development Site
  • Transaction Amount: $57,410,000
  • Buyer: Hines - Jeff Hines
  • Seller: Urban Street Development - Alan Hooper; Restaurant People - Tim Petrillo

The buyer of the property is Jeff Hines from Hines. On the other hand, the sellers are Alan Hooper from Urban Street Development and Tim Petrillo from Restaurant People.

Players

Jeffrey C. Hines
Hines
Jeffrey C. Hines
25 deals$3.8B volume
BUYER

Details

SOLD
IMAGE: Alan Hooper, Jeff Hines & Tim Petrillo DATE: 10/04/2021 ADDRESS: 501, 511-515, 535, 545 North Andrews Avenue; 500-508, 510, 512, 516, 528, 530 and 548 Northwest First Avenue; 10 Northwest Sixth Street MARKET: Fort Lauderdale ASSET TYPE: Mixed-use Development Site BUYER: Hines - Jeff Hines SELLER: Urban Street Development - Alan Hooper; Restaurant People - Tim Petrillo SALE PRICE: $57,410,000

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