Spirit Airlines HQ sells at auction for under half of its $200M construction cost
South Florida’s deep roots in aviation sprouted two high-profile real estate deals this week. An affiliate of Boston-based Hill City Capital placed the winning bid of $93.3 million for the vacant Spirit Airlines headquarters in Boca Raton, the Miami Herald reported. That’s less than half of its 2024 construction cost. And publicly traded aviation leasing and services company Willis Lease Finance Corp. bought a three-building headquarters campus that’s under development in Coconut Creek, the South Florida Business Journal reported, citing a Securities and Exchange Commission filing. Willis, which has its offices at 4700 Lyons Technology Parkway in Coconut Creek, paid […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Artemis drops $140M for assisted-living center in one of South Florida’s biggest ALF deals
Steve Ross’ $290M West Palm Beach Hilton project seeks approval but not public funds
Miami orders “Animal House” Brickell condo tower to halt illegal vacation rentals
“Bit off more than they could chew”: Builders of 10-unit complex settle shoddy construction claims for $27M
“Total chaos” at Heron Bay: Master board of mega HOA delays vote
Florida AG rewrites property tax ballot language after judge’s ruling
South Florida’s top deals: Waterfront Miami Beach home sells for $4M gain in six-month flip
New Google tool gives agents a clearer view of what works
New federal housing law expands options in Florida
Florida’s attorney general rewrites property tax amendment for November ballot
