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Land Grab: Prime Broward Tract Sells

MIAMI—Land is selling in South Florida as the construction boom continues—and it's not all in Downtown Miami or Biscayne Boulevard.

By Jennifer LeClaire | Updated on March 28, 2014

MIAMI—Land is selling in South Florida as the construction boom continues—and it’s not all in Downtown Miami or Biscayne Boulevard. The 17.34-acre Riverbend commercial land tract in Fort Lauderdale, FL has traded for $5.9 million.

Drew A. Kristol and Kirk D. Olson, vice presidents of investments in Marcus & Millichap‘s Miami office, had the exclusive listing to market the property for the seller, a limited liability company from Sunrise, FL. The duo also represented the buyer, a limited liability company from Fort Lauderdale.

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