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
About this deal
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.
On the Map
$8,000,000
$291/SF
Mixed-use
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Players
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