Search
 

Lakeview Professional Village Nears Capacity With Recent Building Sales

MIAMI-Weston, FL-based WF Developments sells a 7,000-sf and a 6,060-sf building to B&B Lakeview Realty Corp. and Bear Trust Inc., respectively. The assets will house each of the buyers' headquarters. The total sale price was $1.75 million.

By Melissa Bogdany | Updated on October 25, 2002

MIAMI-WF Developments Inc. of Weston, FL, has sold two more of its buildings at Lakeview Professional Village in Pompano Beach, FL, for a combined $1.75 million. The company sold the 7,000-sf 12510 W. Atlantic Blvd. to B&B Lakeview Realty Corp. for $966,540, or approximately $138 per sf. The firm also sold the 6,060-sf of property at the village to Bear Trust Inc. for $787,800, or $130 per sf. Both B&B Lakeview Realty and Bear Trust will house their headquarters operations in their newly acquired assets.

Robert McCullough of Codina Realty Services Inc./Oncor International represented WF in both transactions. He was the only broker involved in the deals. Lakeview Professional Village consists of nine free-standing office buildings in a campus layout. To date, eight of the buildings there have been sold.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.