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Fox Ridge Capital Acquires Office Building In Weston For $8.3M

Property Image
SOLD
$8,300,000
John Crotty
Emily Brais
+ 4

Florida

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Office33,720 SF
Sold 03/10/2021
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Property Image
SOLD

Fox Ridge Capital Acquires Office Building In Weston For $8.3M

1625 North Commerce Parkway, Weston, FL, USA

See Similar Deals
Office33,720 SF
Sold 03/10/2021
John Crotty
Emily Brais
+ 4
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$246
Total Square Footage:33,720 SF
Transaction Type:Sale

The office property located at 1625 North Commerce Parkway in Weston has been sold. The transaction took place on March 10, 2021. The property was purchased by Fox Ridge Capital, represented by Grant Horwitz. The sellers were Highline Real Estate Capital, represented by David Moret, and Sefira Capital, represented by Aby Galsky and Mijael Attias. David Duckworth, John Crotty, Michael Fay, Brian de la Fé, Emily Brais, and Berkley Bloodworth from Avison Young acted as brokers in the deal.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $8,300,000
  • Square Footage: 33,720
  • Price per Square Foot: $246
  • Address: 1625 North Commerce Parkway, Weston
  • Market: Weston

The buyers, Fox Ridge Capital, made the acquisition through their representative, Grant Horwitz. The sellers, Highline Real Estate Capital, represented by David Moret, and Sefira Capital, represented by Aby Galsky and Mijael Attias, agreed to the sale. The transaction was facilitated by the brokers David Duckworth, John Crotty, Michael Fay, Brian de la Fé, Emily Brais, and Berkley Bloodworth from Avison Young.

Players

Emily Brais
9 deals$97.1M volume(905) 474-1155
BROKER

John Crotty
Avison Young
51 deals$1.5B volume(305) 345-9567
BROKER

Michael Fay
Avison Young
49 deals$1.4B volume(305) 447-7842
BROKER

Berkley Bloodworth
Avison Young
12 deals$146.2M volume
BROKER

David Duckworth
Avison Young
44 deals$1.2B volume
BROKER

Brian de la Fé
Avison Young
46 deals$1.3B volume(305) 476-7134
BROKER

Details

SOLD
IMAGE: John Crotty, David Duckworth, David Moret, Aby Galsky & Mijael Attias DATE: 03/10/2021 ADDRESS: 1625 North Commerce Parkway MARKET: Weston ASSET TYPE: Office BUYER: Fox Ridge Capital - Grant Horwitz SELLER: Highline Real Estate Capital - David Moret & Sefira Capital - Aby Galsky & Mijael Attias BROKERS: David Duckworth, John Crotty, Michael Fay, Brian de la Fé, Emily Brais & Berkley Bloodworth - Avison Young PRICE: $8,300,000 SF: 33,720 ~ PPSF: $246

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Debt Service Coverage Ratio (DSCR)

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