Accesso Partners Acquires Sawgrass Lake Center Office In Sunrise For $36.5 Million

The office asset located at 13450 West Sunrise Boulevard in Sunrise encompasses an area of 240,000 square feet and covers 7 acres. It was sold for $36,500,000, reflecting a price per square foot of $152. The property is home to tenants such as AT&T and GoVine Insurance and consists of a six-story building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $36,500,000
• Buyer: Moises Benzaquen, Ariel Bentata & Claudio Dombey - Accesso Partners
• Seller: Pail Ellis - Foundry Commercial
• Brokers: Christian Lee, Matthew Lee, Sean Kelly & Tom Rappa - CBRE
• Loan Amount: $21,000,000 from Kawa Capital
• Acquisition Price: $57,400,000 in 2018
• Discount from acquisition price: 36.4%

The transaction was facilitated by brokers Christian Lee, Matthew Lee, Sean Kelly, and Tom Rappa of CBRE, representing the seller, Foundry Commercial. Accesso Partners, led by Moises Benzaquen, Ariel Bentata, and Claudio Dombey, are the new owners of the property, having secured financing for the purchase through Kawa Capital.