The site is a portion of the Lakes Mall located at the northwest corner of State Road 7 and Oakland Park Boulevard in Lauderdale Lakes, FL. Cornerstone plans to use it for the development of a mixed-use rental apartment/retail project which will contain 246 rental units and 15,000 sf of retail space.
Richard Davis, senior vice president, multi housing investment advisor-Boca Raton, led the Grubb & Ellis South Florida team in representing Urban America.
The other team members are Rosendo Caveiro, senior vice president, multi housing investment-Miami and Teresa Talley, senior marketing specialist-Miami. Alan West, senior vice president, investment advisory services-Boca Raton, assisted.
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