Fortec Sells Broward County Property With Two Schools For Higher Ground Education For $11.88M

An abandoned property located at 2216 Hollywood Boulevard in Hollywood, Broward County, has been sold by Fortec for $11.88 million. The property, which spans 17,000 square feet, has been transformed into two schools for Higher Ground Education. The sale supports Fortec's nationwide expansion strategy, adding to their portfolio of 16 schools developed over the last three years.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $11,880,000
• Address: 2216 Hollywood Boulevard
• Market: Hollywood
• Square Footage: 17,000
• Price per Square Foot: $699

Milo Spector from Northmarq represented Fortec in the sale of the property.