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270 S University Dr

Joseph Edelman Acquires Mixed-use Property At 270 South University Drive For $8 Million
SOLDMixed-use

Joseph Edelman Acquires Mixed-use Property At 270 South University Drive For $8 Million

270 S University Dr

$8,000,000

$291/SF

Building Size

27,483 SF

Asset Type

Mixed-use

Closing

Jan 20, 2026

AI

The property asset involved in the transaction is a mixed-use building located at 270 South University Drive in Plantation. The sale price was $8,000,000 for a total area of 27,483 square feet, which equates to a price per square foot of $291.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,000,000
  • Address: 270 South University Drive
  • Market: Plantation
  • Square Footage: 27,483
  • Price Per Square Foot: $291
  • Buyer: Joseph Edelman
  • Brokers: Benjamin Silver & Kelley Greenstein - CBRE

Representatives involved in the transaction include Benjamin Silver and Kelley Greenstein from CBRE, who facilitated the deal on behalf of the buyer, Joseph Edelman. They played a crucial role in the negotiation and closure of this property transaction.

Players

Benjamin Silver

CBRE

Broker

$255.5M

vol

36 deals

Broker
CBRE
CBREBrokerage

Plantation Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93