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6814 State Road 7

Ian Quint Of Brasswater Acquires 128,071-SF Office Complex In Coconut Creek For $20M
SOLDOffice

Ian Quint Of Brasswater Acquires 128,071-SF Office Complex In Coconut Creek For $20M

6814 State Road 7

$20,000,000

$156/SF

Building Size

128,071 SF

Asset Type

Office

Closing

Apr 13, 2026

AI

Brasswater acquired an office complex located at 6806-6814 North State Road 7 in Coconut Creek, spanning 128,071 square feet. The property is valued at $20,000,000, representing a price per square foot of $156. The total land area of the site is 6.15 acres.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $20,000,000
  • Buyer: Ian Quint - Brasswater
  • Seller: Steven Fields - Fields Realty
  • Lender: Southstate Bank
  • Loan Amount: $14,000,000
  • Square Footage: 128,071
  • Price per Square Foot: $156
  • Address: 6806-6814 North State Road 7
  • Market: Coconut Creek
  • Acres: 6.15

The transaction involved Ian Quint representing Brasswater in the acquisition of the property from Steven Fields, who managed the seller, Coconut Fields LLC. The deal was financed through a mortgage provided by SouthState Bank, indicating ongoing investor interest in suburban office properties, particularly those anchored by medical tenants.

Players

Ian Quint

Brasswater

Buyer

$40M

vol

2 deals

Buyer

Steven Fields

Fields Realty

Seller

$40M

vol

2 deals

Seller
Southstate Bank
Southstate BankLender

Pompano Beach Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93