September 11, 2019
Cushman & Wakefield has arranged the $11.8 million sale of the 2601 Building, a 59,942-square-foot office property in Fort Lauderdale.
Located at 2601 E. Oakland Blvd., the six-story building was 96% leased at the time of sale to a tenant roster that included HL Law Group, Exit Ryan Scott Realty, Natural Transplants Hair Restoration Clinic, and The Africa Adventure Co. The building was gutted and rebuilt in 2007, after suffering significant damage from Hurricane Wilma in 2005. Improvements included new roofs, mechanical systems and modern interiors.
Scott O’Donnell, Dominic Montazemi, Greg Miller, Miguel Alcivar, Jason Hochman and Michael Ciadella of Cushman & Wakefield represented the seller, 2601 M L Fund LLC, a Netz USA LLC holding company. The buyer was MHC Oakland Park Owner LLC.
For comments, questions or concerns, please contact David Cohen