Promociones 96 Inc Acquires Retail Property In Fort Lauderdale For $7.28M

Located at 2620 West Broward Blvd in Fort Lauderdale, this retail property was recently sold in a transaction that took place on January 2, 2020. The property, measuring 75,438 square feet, was purchased by Promociones 96 Inc from the seller, Northbridge Investment Management, for a total price of $7,280,000. This translates to a price per square foot of $96.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,280,000
• Address: 2620 West Broward Blvd
• Market: Fort Lauderdale

The deal was facilitated by JLL, with Michael Brewster, Brad Peterson, Marc Mandel, and Steve Schrenk representing both the buyer, Promociones 96 Inc, and the seller, Northbridge Investment Management - Stuart Lazier.