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7300 West Sunrise Boulevard

Ed Napleton Purchases Office Building From Torburn Partners For $48.5 Million In Sunrise
SOLDOffice

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:

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

Dominic Montazemi

Cushman & Wakefield

Broker

$4.2B

vol

90 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Plantation Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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