Naya USA Investment & Management LLC Acquires Property In Fort Lauderdale For $17.7M

The property involved in this transaction is an office building located at 6301 NW 5th Way, Fort Lauderdale, sold for $17,700,000.00. The building spans a total area of 119,370 square feet and was 75% leased at the time of sale. It is identified as Lakeside Plaza and was developed on a 6-acre lot in 1984.

Summary of transaction details:

• Property Type: Office Building
• Transaction Amount: $17,700,000.00
• Address: 6301 NW 5th Way, Fort Lauderdale, FL
• Market: Fort Lauderdale
• Square Footage: 119,370
• Buyer: Naya USA Investment & Management LLC
• Seller: Delma Properties
• Seller's Representatives: Dominic Montazemi (Cushman & Wakefield), Gregory (Greg) Miller (Cushman & Wakefield)
• Other Notable Details: At the time of sale, the property was 75% leased to tenants including Bosch Security Systems, the Early Learning Coalition, and Allied Universal.

The transaction was facilitated by Cushman & Wakefield, with representatives Dominic Montazemi, Scott O’Donnell, Greg Miller, and Miguel Alcivar representing the seller, in addition to Travis Herring and Deanna Lobinsky from the office leasing team also being involved in the deal. The building is part of Corporate Park at Cypress Creek, which is situated in Fort Lauderdale’s uptown neighborhood, near the Cypress Creek Tri-Rail Station.