Native Realty Closes Off-Market Office Building Sale In Fort Lauderdale
Native Realty again demonstrated its unique expertise in sourcing off-market opportunities for investment sales clients with the successful sale of a Fort Lauderdale office building.
Firm CEO Jaime Sturgis and COO Kaley Tuning represented the seller in the $5 million transaction, which equates to $650 per square foot, substantially higher than the surrounding comparable sales in the area
Davie Blvd Office, LLC sold the 201 SE 12th St. property to BJO of Fort Lauderdale, LLC. The buyer is a local law firm that plans to occupy the 7,541-square-foot office building.
Completed in 2018, the modern office building benefits from its location just steps from downtown Fort Lauderdale and Las Olas Boulevard. Its sleek design with large windows allows for ample natural light in the offices. The property also has plenty of available surface parking spaces, which is rare for urban core office product in the area.
Founded in 2017, Native is on pace to surpass $1 billion in overall transactional volume during the third quarter of 2025.
Native is actively working on $100 million in additional off-market investment sales opportunities on behalf of commercial real estate investor clients. Last month, Sturgis closed the $10.3 million off-market sale of the Pinecrest Square retail plaza in Fort Lauderdale’s Cypress Creek neighborhood.
