The Jim Moran Foundation Acquires Office Development Site In Fort Lauderdale For $9.8M

The office development site located at 4545 North Federal Highway in Fort Lauderdale has been sold for a total of $9,800,000. The property spans across 2.43 acres and was purchased by The Jim Moran Foundation, represented by Jim Moran himself. The seller of the site was Cargroup LP.

Summary of transaction details:

• Property Type: Office Development Site
• Transaction Amount: $9,800,000
• Address: 4545 North Federal Highway, Fort Lauderdale
• Market: Fort Lauderdale
• Acres: 2.43

The Jim Moran Foundation, led by Jim Moran, acted as the buyer in this transaction. On the other hand, Cargroup LP served as the seller. This sale marks the successful transfer of ownership for the office development site, contributing to the ongoing development and growth in Fort Lauderdale's real estate market.