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| South Florida Sports Complex, 3650 SW 10th Street, Deerfield Beach, FL |
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| Joseph Byrnes |
FORT LAUDERDALE, FL -
Berger Commercial Realty brokers Joe
Byrnes and Jonathan Thiel represented Thame Realty Associates, LLC in the
$5.7 million sale of the South Florida Sports Complex building to LMD Sports,
LLC.
Located at 3650 S.W. 10th Street in Deerfield
Beach, the 63,332-square-foot building was home to an indoor sports center
featuring three basketball courts, four volleyball courts, a soccer field,
hockey rink, fitness center, retail space, concession bar, spinning and Zumba
studios, locker rooms, showers and event facilities.
The property sits on a
3.71-acre lot less than one mile from the Sawgrass Expressway, I-95 and
Florida's Turnpike, across the street from Quiet Waters Park. Built in 1998,
the building originally opened as a sports mall with a Gold's Gym. It has been
vacant since early 2014.
"This was a
challenging property to sell, given that during its two-year vacancy, the
building had been vandalized and didn't have electricity or
air-conditioning," said Byrnes. "The negotiation and closing process
also required a great deal of finesse. We are definitely pleased with the
outcome and that it sold for more than $5 million."
The buyer, an
internationally renowned volleyball instructor, plans to renovate the building
into a world class tournament and training facility. A portion of the space
will be leased to a group that provides specialized, next-level training to
teenagers and children that have special talents and aptitudes for basketball
and baseball. Other sports and auxiliary tenants are being sought to lease
space in the building as well.
For a complete copy of the company’s news release,
please contact:
954-776-1999
Pierson Grant Public
Relations
Lexi Robinson, ext. 255, lrobinson@piersongrant.com
Marielle Sologuren, ext.
226, msologuren@piersongrant.com
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