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Joe Daly Of Essig Holdings Acquires Office Asset From Jeffrey Kott & Martin Morgenstern For $30M

Property Image
SOLD
$30,000,000

Florida

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Office204,810 SF
Sold 03/24/2025
the dealdetailscomps
Property Image
SOLD

Joe Daly Of Essig Holdings Acquires Office Asset From Jeffrey Kott & Martin Morgenstern For $30M

3115 North University Drive

See Similar Deals
Office204,810 SF
Sold 03/24/2025
the dealdetailscomps

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$146
Total Square Footage:204,810 SF
Transaction Type:Sale

The property asset involved in this transaction is an office space located at 3115 North University Drive in Coral Springs. The total sale price of the property was $30,000,000.00, with a total square footage of 204,810 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $30,000,000.00
  • Address: 3115 North University Drive
  • Market: Coral Springs
  • Buyer: Joe Daly - Essig Holdings
  • Seller: Jeffrey Kott & Martin Morgenstern - The Bristol Group

Key individuals involved in this deal include Joe Daly representing Essig Holdings as the buyer, and the sellers Jeffrey Kott and Martin Morgenstern representing The Bristol Group. The transaction was completed on March 24, 2025.

Details

SOLD
IMAGE: 03/24/2025 ADDRESS: 3115 North University Drive MARKET: Coral Springs ASSET TYPE: Office ~ ACRES: 6.04 BUYER: Joe Daly - Essig Holdings SELLER: Jeffrey Kott & Martin Morgenstern - The Bristol Group SALE PRICE: $30,000,000 SF: 204,810 ~ PPSF: $146 NOTE: The Bristol Group sold University Place, a 204,810 SF office building at 3115 N. University Drive, for $30M to Essig Holdings, which plans to build high-end office suites. The 6.04-acre property, formerly acquired out of foreclosure for $12.6M in 2013, features a fitness center, onsite restaurants, and a modernized call center.

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