Adam Neumann Acquires Retail Property In Fort Lauderdale For $17 Million

301 Southwest 1st Avenue, Fort Lauderdale, Florida 33301, United States

$17,000,000

$1,030/SF

Building Size

16,500 SF

Asset Type

Retail

Closing

Feb 17, 2022

AI

The retail property located at 301 SW 1st Ave in Fort Lauderdale has been sold for a price of $17,000,000. The transaction took place on February 18, 2022. The property spans a total area of 17,084 square feet and is valued at $995 per square foot.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $17,000,000
Date: 02/18/2022
Address: 301 SW 1st Ave
Market: Fort Lauderdale
SF: 17,084
PPSF: $995

The buyer of the property is Adam Neumann, while the sellers are Scott Sherman and Dev Motwani. The deal was facilitated by Tyler S. Kuhlman and Douglas K. Mandel of Marcus & Millichap.

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