BJO Of Fort Lauderdale LLC Acquires Office Building In Fort Lauderdale For $5 Million

The asset involved in the transaction is an office building located at 201 Southeast 12th Street in Fort Lauderdale. The sale price was $5,000,000, and the building encompasses a total of 7,541 square feet, resulting in a price per square foot of $663. The property is considered modern and is situated near downtown and Las Olas Boulevard.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,000,000
• Buyer: BJO of Fort Lauderdale, LLC
• Seller: Davie Blvd Office, LLC
• Brokers: Jaime Sturgis & Kaley Tuning - Native Realty
• Square Footage: 7,541
• Price Per Square Foot: $663
• Market: Fort Lauderdale

Jaime Sturgis and Kaley Tuning from Native Realty represented both sides in this off-market transaction. The buyer, a local law firm, plans to occupy the office building following the successful completion of the sale.