Ed Napleton Purchases Office Building From Torburn Partners For $48.5 Million In Sunrise
7300 West Sunrise Boulevard
$48,500,000
$580/SF
Building Size
83,551 SF
Asset Type
Office
Closing
Dec 14, 2025
AI
The property asset involved in this transaction is an office located at 7300 West Sunrise Boulevard in the Sunrise market. It was sold for $48,500,000, encompassing a total square footage of 83,551, which translates to a price per square foot of $580.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $48,500,000
- Address: 7300 West Sunrise Boulevard
- Market: Sunrise
- Square Footage: 83,551
- Price Per Square Foot: $580
- Buyer: Ed Napleton
- Seller: Torburn Partners
- Broker: Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi & Mike Ciadella - Cushman & Wakefield
The deal involved key individuals including the buyer Ed Napleton and the seller Torburn Partners. The transaction was facilitated by a brokerage team from Cushman & Wakefield composed of Mike Davis, Rick Brugge, Rick Colon, Dominic Montazemi, and Mike Ciadella, who represented both parties involved in the transaction.
Players
Plantation 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
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93