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5901 Broken Sound Parkway Northwest

The Office property located in Miami that spans 101,940 square feet sold for $29,100,000 or $285 PPSF. The deal closed 10 months and 17 days ago. The brokers of the deal were Tyler Scott Kuhlman, Douglas (Doug) Mandel and Jonathan More

  • Location image 5901 Broken Sound Pkwy NW, Boca Raton, FL, USA
  • Sold Value
    image $29,100,000
    image $285
  • Asset Type image Office
  • Area image 101,940 SF
  • Parties image3 Brokers,1 Lender,2 Agencies
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Tyler Scott Kuhlman

Marcus & Millichap
  • Deals 22
  • Volume $331,480,000
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Douglas (Doug) Mandel

Marcus & Millichap
  • Deals 34
  • Volume $477,500,000
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Jonathan More

Mission Capital
  • Deals 9
  • Volume $230,800,000
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Lender
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Comparables: 5901 Broken Sound Parkway Northwest

Showing 4 of 22

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Price Icon $25,150,000

  • StatusSOLD, $184 PPSF
  • Date09/26/22
  • Address245 Riverside Avenue, Jacksonville, Florida 32202, United States
  • Address245 Riverside...
  • AssetOFFICE
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Price Icon $30,000,000

  • StatusSOLD, $600 PPSF
  • Date08/11/22
  • Address25 Northeast 2nd Avenue, Delray Beach, Florida 33444, United States
  • Address25 Northeast...
  • AssetOFFICE
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Price Icon $29,900,000

  • StatusSOLD, $227 PPSF
  • Date07/05/22
  • Address6601 Park of Commerce Boulevard, Boca Raton, Florida 33487, United States
  • Address6601 Park...
  • AssetOFFICE
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Price Icon $25,000,000

  • StatusSOLD, $556 PPSF
  • Date06/24/22
  • Address551 Southeast 8th Street, Delray Beach, Florida 33483, United States
  • Address551 Southeast...
  • AssetOFFICE
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This Deal on Social

SALE
IMAGE: Jonathan Moore, Mark Corlew, Douglas K. Mandel, Tom Brown & Tyler S. Kuhlman
DATE: 11/23/2021
ADDRESS: 5901 Broken Sound Pkwy NW
MARKET: Boca Raton
ASSET TYPE: Office

BUYER: Brookwood Financial Partners – Tom Brown
SELLER: G&C Sabre Investors – Mark Corlew
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_), Douglas K. Mandel & Jonathan Moore – Marcus & Millichap

SALE PRICE: $29,100,000
SF: 101,940 ~ PPSF: $285

NOTE: “Debt terms were some of the most competitive we have seen to date and are a testament to the coveted sponsorship as well as the debt/equity migration to Florida,” stated Moore who provided over $21M in acquisition financing to Brookwood Financial.

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SALE
IMAGE: Jonathan Moore, Mark Corlew, Douglas K. Mandel, Tom Brown & Tyler S. Kuhlman
DATE: 11/23/2021
ADDRESS: 5901 Broken Sound Pkwy NW
MARKET: Boca Raton
ASSET TYPE: Office

BUYER: Brookwood Financial Partners – Tom Brown
SELLER: G&C Sabre Investors – Mark Corlew
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_), Douglas K. Mandel & Jonathan Moore – Marcus & Millichap

SALE PRICE: $29,100,000
SF: 101,940 ~ PPSF: $285

NOTE: “Debt terms were some of the most competitive we have seen to date and are a testament to the coveted sponsorship as well as the debt/equity migration to Florida,” stated Moore who provided over $21M in acquisition financing to Brookwood Financial.

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Contact Tyler Scott Kuhlman

Tyler S. Kuhlman is a Senior Associate in the Fort Lauderdale Office of Marcus & Millichap. He is also a...

Douglas K. Mandel is an Executive Managing Director in the Fort Lauderdale Office of Marcus & Millichap. He is also...

Jonathan More is a Senior Vice President for MM Capital Corporation, where he is responsible for originating, underwriting and structuring...

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