Friday, September 14, 2018

Native Realty Closes Pair of Off-Market Fort Lauderdale, FL Industrial Sales Totaling Over $3 Million


Amanda Roy

FORT LAUDERDALE, FL, Sept. 14, 2018 – Native Realty Founder and CEO Jaime Sturgis and his team of investment sales and leasing specialists keep closing transactions at an aggressive rate across all real estate sectors.

In the latest example, the firm completed the sale of two industrial properties in Fort Lauderdale for a combined $3.11 million.

 The off-market deals include the $1.86 million sale of a multi-tenant building at 501 SW Second Ave. in Fort Lauderdale’s emerging SoLo – or South of Las Olas – neighborhood. Legal Locker is among the tenants in the 8,025-square-foot building.

Jamie Sturgis

 Mylee, LLC of Coral Springs sold the property to 501 Urban Warehouse LLC of Aventura. Sturgis arranged the transaction.

 The building is across the street from the new Tarpon River Brewing, a restaurant and brewery opened by the owners of the Riverside Markets, Native Brewing Co. and the Restaurant People.

 Sturgis and the firm’s Amanda Roy also facilitated the $1.25 million sale of an 11,000-square-foot warehouse building at 916 NW Sixth Ave. Robin Enterprises of Fort Lauderdale sold the property to a Davie-based partnership.

“Our investment sales team is particularly adept at leveraging our deep knowledge of Fort Lauderdale and industry contacts to secure efficient and favorable outcomes for our clients,” Sturgis said.

Sara Dorfman

 “These deals reflect the strong demand for industrial product in the city’s urban core to keep up with the residential and professional population growth.”

In another recent off-market transaction, Sturgis and Roy closed the $6.75 million sale of mixed-use Seagrape Commons, a fixture in Lauderdale-by-the-Sea for more than 50 years.

 Elsewhere in Fort Lauderdale, the firm’s Sara Dorfman completed the record-breaking sale of an Airbnb rental property in the city’s popular Victoria Park neighborhood in May 2018.

The 808-812 NE 16th Terrace changed hands for $1.65 million, the highest sale price in Victoria Park since at least 2006 and the most expensive in the history of the neighborhood on a price per unit basis.

 Native Realty is headquartered in Flagler Village’s the Hive – a popular complex with retail, restaurants, offices, a vintage arcade bar and yoga studio.




CONTACT:

Eric Kalis
Account Director, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road

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