facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

800 Federal Highway

International Basketball Federation FIBA Acquires Office Units At Atlantic Village 4 From Daniel Chaberman
SOLDOffice

International Basketball Federation FIBA Acquires Office Units At Atlantic Village 4 From Daniel Chaberman

800 Federal Highway

Building Size

6,353 SF

Asset Type

Office

Closing

Jul 20, 2025

AI

The property involved in the transaction is an office asset located at 800 N Federal Highway, Hallandale, Florida. This office space spans 6,353 square feet and is situated in the Hallandale Beach market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Asset Address: 800 N Federal Highway, Hallandale, FL
  • Market: Hallandale Beach
  • Buyer: The International Basketball Federation (FIBA)
  • Seller: Daniel Chaberman - Atlantic Village 4
  • Buyer's Representative: Alejandro Alvarez - The Keyes Company
  • Seller's Representative: Shelly Poston - Gridline Properties

The transaction highlights the involvement of key representatives, including Alejandro Alvarez representing the buyer, The International Basketball Federation (FIBA), and Shelly Poston representing the seller, Daniel Chaberman of Atlantic Village 4. The seller expressed excitement about the sale, indicating the significance of FIBA as a global organization in enhancing the profile of Atlantic Village as a mixed-use destination.

Players

Shelly Poston

Gridline Properties

Broker

$58.9M

vol

15 deals

Broker
Gridline Properties
Gridline PropertiesBrokerage

Hallandale Beach 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

4.12%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93