South Florida’s top deals: Davie office property trades for $12M
🏆 Commercial: The top commercial real estate deal to hit records was in Davie, where an office building at 5400 South University Drive changed hands for $12.3 million. The seller was an LLC tied to RESMA LLC, based in Hallandale Beach, and the buyer was an LLC linked to Robert Shub. The seller purchased the nearly 57,000-square-foot property in 2020 for $10.7 million. The latest sale pencils out to roughly $215 per square foot. 🏆 Residential: Palm Beach Gardens logged the top home sale in South Florida. Robert and Lisa Stewart parted with a home at 658 Hermitage Circle for […]This article originally appeared on The Real Deal. Click here to read the full story.
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