Bank of America Building, Lighthouse Point, FL
LIGHTHOUSE POINT, FL – Marcus
& Millichap Real Estate Investment Services, the nation’s largest real
estate investment services firm, has announced the sale of Bank of America
Building, a 27,000- square foot office property located in Lighthouse
Point, FL. The asset commanded a sales price of $1,500,000.
 |
| Douglas K. Mandel |
Douglas K. Mandel, a First
Vice President Investments in Marcus & Millichap’s Ft. Lauderdale office,
had the exclusive listing to market the property on behalf of the seller, a
limited liability company from New York.
The buyer, a limited liability company from Illinois, was secured and
represented by Senior Associate Jason N. Yukins, also in the firm’s Ft.
Lauderdale office.
The Bank of America Building is a
four-story, class-B office building totaling 27,008 rentable square feet and is
situated on 2.2 acres. The building was
constructed in 1968 and is currently 29 percent occupied by a Bank of America
branch with seven drive-thru lanes.
 |
| Jason N. Yukins |
The property has ample frontage
along Federal Highway, just blocks south of Sample Road, and provides access to
Interstate 95, the Florida Turnpike and the beaches. The Bank of America
Building is located at 2850 N Federal Highway in Lighthouse Point, FL.
For a complete copy of the
company’s news release, please contact:
Gregory Matus
Regional Manager / Vice
President,
Fort Lauderdale, FL
(954) 245-3400
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