The U.S. government has purchased a 3.3-acre site for a new Fort Lauderdale federal courthouse for $13.6 million, a major move forward to replace the existing courthouse that's in poor condition.
The federal government bought the site from Dunmore Properties Ltd., an affiliate of Fort Lauderdale-based venture capital firm Hudson Capital Group Inc. headed by Steven Hudson.
The transaction closed on Dec. 28.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.