Kaluz Restaurant Group Acquires Retail Property In Coconut Creek For $5.5M

The property located at 5460 West Hillsboro Boulevard in Coconut Creek, a retail asset, was recently sold for $5,500,000. Spanning 13,280 square feet, the sale price per square foot stood at $414. The transaction involved the former Bru's Room Restaurant and corporate headquarters.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,500,000
• Address: 5460 West Hillsboro Boulevard
• Market: Coconut Creek
• Buyer: David Baldwin
• Seller: Jon Linker & Bob Brudzinski
• Seller's Rep: Adam H. Klein, Elon Gerberg, Cleveland Sainpreux - SVN
• SF: 13,280
• PPSF: $414

The sale of the property was facilitated by the seller's representatives, Adam H. Klein, Elon Gerberg, and Cleveland Sainpreux from SVN Commercial Partners, who successfully closed the deal with the Kaluz Restaurant Group. The new owners have plans to transform the property into a Kaluz restaurant.