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PPG Development Acquires Development Site From The Club Of Emerald Hills For $20M

Property Image
SOLD
$20,000,000

Florida

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Development Site70,000 SF
Sold 09/29/2025
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Property Image
SOLD

PPG Development Acquires Development Site From The Club Of Emerald Hills For $20M

4100 North Hills Drive

See Similar Deals
Development Site70,000 SF
Sold 09/29/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$285
Total Square Footage:70,000 SF
Transaction Type:Sale

This development site is located at 4100 North Hills Drive in the Hollywood market. The transaction involved a sale price of $20,000,000 and spans a total square footage of 70,000, resulting in a price per square foot of $285.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $20,000,000
  • Buyer: PPG Development
  • Seller: The Club of Emerald Hills
  • Broker: Aaron Kurlansky - Sheridan Capital

Aaron Kurlansky, serving as the Chief Executive Officer, played a key role in facilitating this transaction as the broker representing both parties involved in the sale. The deal marks a significant shift in ownership within the development space in Hollywood.

Players

Aaron Kurlansky
Sheridan Capital
Aaron Kurlansky
20 deals$588.1M volume(888) 210-0703
BROKER
Sheridan Capital
Sheridan Capital
BROKERAGE
PD
PPG Development
BUYER

Details

SOLD
IMAGE: Aaron Kurlansky DATE: 09/29/2025 ADDRESS: 4100 North Hills Drive MARKET: Hollywood ASSET TYPE: Development Site BUYER: PPG Development (@PPGDevelopment) SELLER: The Club of Emerald Hills BROKER: Aaron Kurlansky - Sheridan Capital SALE PRICE: $20,000,000 SF: 70,000 ~ PPSF: $285 NOTE: Aaron Kurlansky, Chief Executive Officer šŸ“§ [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,066,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$71,055.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$94,810.20
Annual Debt Service$1,137,722.44