facebook
Traded Co logo
Submit a Deal

CP Group And Related Cos. Acquire Office Building On E. Las Olas Blvd In Fort Lauderdale For $144.5M

501 & 515 East Las Olas Boulevard
PointingArrow
ShareContact

This Office property located in FL was sold for $144,500,000 about 2 years ago. The brokers of the deal were Andrew Chilgren, Christian "Chris" Lee, and Amy Julian

Located at 501 & 515 E. Las Olas Blvd in Fort Lauderdale, this office property was recently sold in a transaction involving CP Group, led by Brett Reese, and Related Cos., represented by Stephen Ross. The sellers were Steelbridge Capital and Square2 Capital, represented by Jay Caplin and Apollo Global Management.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $144,500,000
  • Address: 501 & 515 E. Las Olas Blvd
  • Market: Fort Lauderdale
  • Buyer: CP Group - Brett Reese & Related Cos. - Stephen Ross
  • Seller: Steelbridge Capital, Square2 Capital - Jay Caplin & Apollo Global Management
  • Brokers: Christian Lee, Andrew Chilgren & Amy Julian - CBRE
  • SF: 267,955
  • Price per Square Foot: $539

Christian Lee, Andrew Chilgren, and Amy Julian from CBRE were the brokers involved in this sale. The transaction took place on 03/16/2022, and the property spans approximately 267,955 square feet. The sale price for this office space was $144,500,000, resulting in a price per square foot of $539.

View Related

Deals
  • Location
    501 East Las Olas Boulevard, Fort Lauderdale, Florida 33301, United States501 East Las Olas Boulevard, Fort Lauderdale, Florida 33301, United States
  • Sale Price
    $144,500,000$144,500,000
    $539 PPSF$539 PPSF
  • Area
    267,955 SF267,955 SF
  • Asset Type
    OfficeOffice
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Andrew Chilgren

Andrew Chilgren

Deals9
Sold$708M

Christian "Chris" Lee

Christian "Chris" Lee

Deals23
Financed$1.5B

Amy Julian

Amy Julian

Deals11
Financed$713.4M

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

Social

Deal Summary

SALE IMAGE: Christian Lee, Andrew Chilgren, Brett Reese, Jay Caplin, Stephen Ross & Amy Julian DATE: 03/16/2022 ADDRESS: 501 & 515 E. Las Olas Blvd MARKET: Fort Lauderdale ASSET TYPE: Office BUYER: CP Group - Brett Reese & Related Cos. - Stephen Ross SELLER: Steelbridge Capital, Square2 Capital - Jay Caplin & Apollo Global Management BROKERS: Christian Lee, Andrew Chilgren & Amy Julian - CBRE SALE PRICE: $144,500,000 SF: 267,955 ~ PPSF: $539

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

501 & 515 East Las Olas Boulevard

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits