An Illinois-based boutique private equity firm has now disposed of Fort Lauderdale office tower Cypress Financial Center twice — this time for $44.24 million.
Steelbridge, through affiliate Steelbridge CFC LLC, sold the 11-story building and adjacent garage to CFC Offices LLC, which has ties to Tampa-based office real estate firm Vision Properties, according to a Broward County deed.
The purchaser's address is listed as the home of Vision Properties principal and CEO Fred Arena.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
