This is the first venture of its kind for Fort Lauderdale, FL-based Levitt Commercial, a company owned by BankAtlantic Bancorp of Fort Lauderdale. In a prepared statement, Levitt says 50% of the units are pre-sold.
"Business owners are able to capitalize on the prime location, low interest rates, potential property appreciation, while enjoying the tax benefits of ownership," Levitt president Seth Wise says in the statement.
Levitt plans to make the units adaptable to office, showroom, warehouse and industrial operations. The six-acre site fronts Interstate 95, 45 miles north of Downtown Miami.
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