Hall Consolidated Group LLC Acquires Fort Lauderdale Office Building For $7M
5100 N. Federal Highway, Fort Lauderdale,Florida
42,442 SF
Summary
The office property located at 5100 N. Federal Highway in Fort Lauderdale has been sold for a price of $7,000,000. The transaction took place on February 18, 2022. The property spans across 42,442 square feet, resulting in a price per square foot of $165. The buyer of the property is Hall Consolidated Group LLC, while the seller is 5100 Realty LLC. The sale was facilitated by Benjamin Silver from CBRE.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,000,000
- Address: 5100 N. Federal Highway, Fort Lauderdale
- Market: Fort Lauderdale
- Buyer: Hall Consolidated Group LLC
- Seller: 5100 Realty LLC
- Broker: Benjamin Silver - CBRE
- Square Footage: 42,442
- Price Per Square Foot: $165
This transaction highlights the successful acquisition of the office property by Hall Consolidated Group LLC, with Benjamin Silver of CBRE representing both the buyer and seller. The deal showcases the value of the property in the Fort Lauderdale market, providing an opportunity for Hall Consolidated Group LLC to expand their real estate portfolio in the area.
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