An office building in Fort Lauderdale that sold for $89 million tops the list of the most expensive commercial real estate sales in Florida over the past week.
In total, 124 commercial property sales were recorded in the area in the past week, with an average price of $3.89 million. The average price per square foot was $702.
The prices in the list below include commercial real estate sales where the title was recorded during the week of Oct. 5 even if the property sold earlier.
1. $89 million, office building at 110 Southeast 6th Street
A 777,248-square-foot office property at 110 Southeast 6th Street in Fort Lauderdale has been sold.
The total purchase price was $89 million, $115 per square foot. The house was built in 1987. GV IP 110 Tower Owner LLC transferred ownership of the office property to 110 Tower Realty LLC. The transaction was completed on Sept. 23.
2. $66.85 million, shopping mall at 9810 Alternate A1a, Suite 102
The property at 9810 Alternate A1a, Suite 102 in Palm Beach Gardens has new owners.
The price was $66.85 million. The property was built in 1989 and has a living area of 161,695 square feet. The price per square foot ended up at $413. MVC Comm-Griggs Prom FL LLC and MVC 10 Brainerd Prom FL LLC acquired the property from TRPF Promenade Plaza LLC. The deal was closed on Sept. 14.
3. $24.45 million, shopping mall at 5770 West Irlo Bronson Memorial Highway, Apt. 107
A sale has been finalized for the regional shopping mall with anchor tenants at 5770 West Irlo Bronson Memorial Highway, Apt. 107 in Kissimmee.
The price was $24.45 million. The house was built in 1986 and the living area totals 230,401 square feet. The price per square foot ended up at $106. Emma VIII LLC took over the regional shopping mall with anchor tenants. The deal was finalized on Sept. 17.
4. $24.1 million, apartment building at 3205 East Olive Road
The residential complex with more than five units at 3205 East Olive Road in Pensacola have new owners.
The price was $24,100,000. The units were built in 1984 and have a living area of 193,321 square feet. The price per square foot ended up at $125. Lurin Real Estate Holdings Xxxiii LLC sold the residential complex with more than five units to Maren FL LLC. The deal was finalized on Sept. 18.
5. $22.15 million, store at 1430 South Dixie Highway, Suite 112
The sale of the store or retail outlet at 1430 South Dixie Highway, Suite 112 in Coral Gables has been finalized.
The price was $22.15 million. The home was built in 2008 and has a living area of 1,369 square feet. The price per square foot ended up at $16,180. Santona 172 Realty LLC sold the store or retail outlet to Santona Property LLC. The deal was closed on Sept. 17.
6. $22.15 million, store at 1430 South Dixie Highway, Suite 113
A 1,369-square-foot store or retail outlet at 1430 South Dixie Highway, Suite 113 in Coral Gables has been sold.
The total purchase price was $22.15 million, $16,180 per square foot. The home was built in 2008. Santona 172 Realty LLC transferred ownership of the store or retail outlet to Santona Property LLC. The transaction was completed on Sept. 17.
7. $22.15 million, store at 1430 South Dixie Highway, Suite 103
A sale has been finalized for the store or retail outlet at 1430 South Dixie Highway, Suite 103 in Coral Gables.
The price was $22.15 million. The house was built in 2008 and the living area totals 2,078 square feet. The price per square foot ended up at $10,659. Santona Property LLC bought the store or retail outlet from Santona 172 Realty LLC. The deal was closed on Sept. 17.
8. $14.53 million, office building at 4875 Belfort Road
A 129,587-square-foot office property at 4875 Belfort Road in Jacksonville has been sold.
The total purchase price was $14.53 million, $112 per square foot. The house was built in 1999. Jacksonville Butler Propco LLC sold the office property to Wounded Warrior Project Inc. The deal was finalized on Sept. 24.
9. $11.7 million, shopping mall at 6510 Caroline Street
The regional shopping mall with anchor tenants at 6510 Caroline Street in Milton has new owners.
The price was $11.7 million. The house was built in 1973 and has a living area of 151,842 square feet. The price per square foot ended up at $77. The home features one bedroom and 36 bathrooms. SW Milton LLC bought the regional shopping mall with anchor tenants. The transaction was completed on Sept. 14.
10. $10 million, neighborhood mall at 2102 West Brandon Boulevard
A 22,000-square-foot neighborhood shopping center or strip mall at 2102 West Brandon Boulevard in Brandon has been sold.
The total purchase price was $10 million, $455 per square foot. The home was built in 1985. Blanding Outparcel LLC acquired the neighborhood shopping center or strip mall. The deal was closed on Sept. 17.