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
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