Mel Landow Foundation Acquires Office Building From Nova Southeastern University For $15M In Fort Lauderdale

The property asset involved in this transaction is located at 3100 Southwest 9th Avenue in Fort Lauderdale. The office asset spans a total square footage of 63,746, with a price per square foot of $235, leading to a total sale price of $15,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,000,000
• Address: 3100 Southwest 9th Avenue
• Market: Fort Lauderdale
• Square Footage: 63,746
• Price Per Square Foot: $235
• Buyer: Mel Landow Foundation
• Seller: Nova Southeastern University
• Brokers: Zachary Talbot & Adam Talbot - Cresa

The deal was facilitated by brokers Zachary Talbot and Adam Talbot from Cresa, representing the parties in this transaction. The involvement of the Mel Landow Foundation as a buyer highlights the interest in office properties in the Fort Lauderdale area.