Everglades College Acquires Office Portfolio In Fort Lauderdale, Fort Myers, Tampa, Sarasota, Lakeland, West Palm Beach & Pembroke Pines For $237.6M

The office portfolio consisting of multiple properties located at 1900 W Commercial Boulevard - Nineteen Hundred Building; 1500 NW 49th Street - Spectrum 1500 Building, 9100 Forum Corporate Parkway - Delphi Fort Myers, 5002 West Waters Avenue - Venus Investment Property, 6001 Lake Osprey Drive - LWR Commons, 6151 Lake Osprey Drive - University Commons, 2400 Interstate Drive - Olympus Lakeland (Phase I), 2380 Interstate Drive - Olympus Lakeland (Phase II), 2085 Vista Parkway - Athena Vista (Phase I), 2081 Vista Parkway - Athena Vista (Phase II), and 1640 SW 145 Avenue - Demeter Pembroke Pines has been sold.

Summary of transaction details:

• Property Type: Office (Portfolio)
• Transaction Amount: $237,610,000
• Square Footage: 749,789
• Price Per Square Foot: $317
• Market: Fort Lauderdale, Fort Myers, Tampa, Sarasota, Lakeland, West Palm Beach, and Pembroke Pines

The buyer of the office portfolio is Everglades College, while the seller is Keenan Development, represented by Mark M. Rubin, Bastian Laggerbauer, and Achikam Yogev from Colliers International.