FORT LAUDERDALE, FL—One educator is handing over its commercial real estate assets to another. The South Florida Academy of Learning acquired a Coconut Creek, FL building from the Technological University of America for $4.9 million.

CBRE arranged the sale of the 32,635-square-foot, two-story building at 3700 Coconut Creek Parkway. CBRE represented the seller. The South Florida Jewish Academy is relocating from 4640 N.W. 74th Place in Coconut Creek.

“This property has a number of features that make it ideal for an educational user,” says CBRE senior vice president Deanna Lobinsky. “The South Florida Jewish Academy was attracted to the sophisticated turn-key finishes and the ability to expand their outdoor facilities.”

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