Tag Archive for: native realty

Native Realty Closes Off-Market Office Building Sale In Fort Lauderdale

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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.

Jaime Sturgis Brokers $10 Million Off-Market Sale Of Flagler Village Office Building To Prominent Investor

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Jaime Sturgis, CEO of Native Realty, just closed his second big off-market Fort Lauderdale investment sales transaction in the past week. On July 20, Sturgis represented both sides of the $10 million sale of a Flagler Village office building.

Charlotte-based real estate investment company Asana Partners purchased the 707 NE Third Ave. property, which includes an 18,251-square-foot office building, adjacent 6,520-square-foot warehouse and surface parking lot. Telecom Building Corp. is the seller.

“With two off-market closings totaling $27.5 million, the past week has been a showcase for Native’s creative dealmaking abilities,” Sturgis said. “The buyer has been actively targeting opportunities in Flagler Village. We were able to identify a well-located office building that strengthens its footprint in the neighborhood.”

In January, Asana made its initial foray into Flagler Village by acquiring The Hive and Flagler Uptown retail and office buildings.

Native recently relocated its corporate headquarters to a new Fort Lauderdale office that is double the size of its previous headquarters. The 4,000-square-foot office is located at 1926 E. Sunrise Blvd. in the city’s Victoria Park neighborhood.