Sunday, November 15, 2015

$7.5 Million Sale of Amerijet International Headquarters in Fort Lauderdale, FL Handled by Marcus & Millichap

Marc E. Strauss
FORT LAUDERDALE, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of AmeriJet International Headquarters, a 29,209-square foot, net-leased property located in Fort Lauderdale, Fla. The asset sold for $7,500,000.

Marc E. Strauss, a first vice president investments, and Richard Moravek, an associate, both in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a developer from Fort Lauderdale, Fla.

“We brought the property to market in May 2014 and even though the offering generated the kind of robust interest we expected, many buyers were concerned if AmeriJet would renew their lease upon expiration,” says Moravek. “As a result, finding the right buyer took time and considerable effort.”

Strauss and Moravek worked with Julie Berry of Stiles Corporation who represented the buyer, a limited liability company from Fort Lauderdale, Fla.

“The winning bid was to a buyer willing to assist the tenant with increasing on-site parking.  They purchased the property at list price,” adds Strauss. “We were able to overcome the deal’s challenges to provide both the buyer and seller with advantageous outcomes.”

AmeriJet International Headquarters is a 29,209-square foot, one-story office building which includes a 5,000-square foot receiving area. The property is 100 percent occupied by AmeriJet, a group of companies that offer a diverse range of air, ocean, and land freight shipping and transportation services. The property is located at 2800 South Andrews Avenue in close proximity to the Fort Lauderdale Airport and Port Everglades.

For a complete copy of the company’s news release, please contact:

Ryan Nee
Regional Manager, Fort Lauderdale

(954) 245-3400

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