The property proved to be quite popular, generating 11 written offers to purchase. CLICK ON THE HEADLINE FOR MORE
An investment group based in New York and Miami bought the “Class A” property at 1750 Clint Moore Road in Boca Raton as part of a tax-deferred deal. CLICK ON THE HEADLINE FOR MORE
Adam P. Von Romer, CCIM and Mario Abati, both of Fitzgerald Group, completed the sale of 904 East Las Olas Boulevard, Fort Lauderdale, for $5,600,000.00 to Tim Petrillo on behalf of an entity to be formed.
The property, sold by Boyle Las Olas, LLC, consists of well-known Mangos Restaurant & Lounge, an adjacent real estate office, and a separate parking lot directly behind the main building and is subject to a long term lease.
The property also proved to be quite popular as it generated 11 written offers to purchase.
The upscale Boca Raton office building that once served as the corporate headquarters for W.R. Grace & Co. and ADT Corp. sold recently for $12.7 million.
An investment group based in New York and Miami bought the “Class A” property at 1750 Clint Moore Road as part of a tax-deferred deal. The seller was Rodney Longman, a former manufacturing mogul. Glenn E. Gromann, an attorney and president of Center Realty Associates, arranged the transaction.
The building is about 50,000 square feet but can be expanded to 70,000, said Gromann, who is working to redevelop the surrounding land.
The building now is occupied by OpenPeak Inc., a mobile software company.
Popular Las Olas Property Trades For $5.6M
/in Done Deals, News/by SFOBA STAFFThe property proved to be quite popular, generating 11 written offers to purchase. CLICK ON THE HEADLINE FOR MORE
Former ADT, Grace Building Fetches $12.7M
/in News/by SFOBA STAFFAn investment group based in New York and Miami bought the “Class A” property at 1750 Clint Moore Road in Boca Raton as part of a tax-deferred deal. CLICK ON THE HEADLINE FOR MORE