Related Group Acquires Development Site In Plantation For $13M

The development site located at 8601 West Sunrise Boulevard in Plantation has been sold in a transaction. The property spans across 597,643 square feet, and the sales price for the deal was $13,000,000, equating to a price per square foot of $22.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $13,000,000
• Address: 8601 West Sunrise Boulevard, Plantation

The buyer in this transaction was the Related Group, while the seller was Fifteen Group. The deal was facilitated by brokers Jaret Turkell, Roberto Pesant, Omar Morales, Jose Mota, Scott Wadler, and Yoav Yuhjtman from Berkadia. They represented their respective parties throughout the transaction.