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7951 West Commercial Boulevard

Midtown Capital Partners Acquires Development Site In Tamarac For $7.405M With JLL Brokers
SOLDDevelopment Site

Midtown Capital Partners Acquires Development Site In Tamarac For $7.405M With JLL Brokers

7951 West Commercial Boulevard

$7,405,000

$56/SF

Building Size

131,201 SF

Asset Type

Development Site

Closing

Feb 13, 2026

AI

The property asset involved in the transaction is a development site located at 7951 West Commercial Boulevard in the Tamarac market. The sale price for this asset was $7,405,000, and it encompasses a total square footage of 131,201, resulting in a price per square foot of $56.

Summary of transaction details:

The transaction was facilitated by several broker representatives from JLL, namely Simon Banke, Maurice Habif, Danielle Fernandez, James Todd, and Ben Banzhof, who played a significant role in connecting Midtown Capital Partners with the development site acquisition.

Players

Maurice Habif

JLL

Broker

$1B

vol

19 deals

Broker
MP
Midtown Capital PartnersBuyer

Tamarac Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.14%

Cash-on-Cash

-0.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93