Sunday, October 11, 2015

Affiliate of InSite Group Acquires Four-Story Office Building on Fort Lauderdale's 17th Street Causeway


Steve Hyatt
FORT LAUDERDALE, FL – Berger Commercial Realty announced the purchase of a four-story office building on Fort Lauderdale's 17th Street Causeway for $7.8 million.

Steve Hyatt, senior vice president of Berger Commercial Realty, represented the buyer 17 FLL Holdings, LLC, which is an affiliate of InSite Group. Paco Diaz and Gerard Yetming of CBRE Miami represented the seller, Intervest-910, LLC. The sale closed Oct. 2.

InSite Group, a boutique real estate development company, intends to relocate its headquarters from Weston and occupy approximately 15,300 square-feet on two floors of the building, located at 910 S.E. 17th St. 

Approximately 7,056 square-feet of space on the ground floor of the 31,000-square-foot building is available for lease.

“The buyer was drawn to both the size and highly desirable location of this property,” Hyatt said.

For a complete copy of the company’s news release, please contact:
                                   
Pierson Grant Public Relations
954-776-1999
Lexi Robinson, ext. 255, lrobinson@piersongrant.com
Marielle Sologuren, ext. 226, msologuren@piersongrant.com


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