Cushman & Wakefield Represents Investment Fund in $11.75M Sale of Fort Lauderdale’s 2601 Building
MHC Oakland Park Owner LLC Acquired the Six-Story Office Building from 2601 M L Fund, LLC FORT LAUDERDALE, FL, September 9, 2019 — Cushman & Wakefield has negotiated the sale of the 2601 Building, a premier ±59,942-square-foot office asset in Broward County. The Cushman & Wakefield Capital Markets team of Scott O’Donnell, Dominic Montazemi, Greg Miller, Miguel Alcivar, Jason Hochman and Michael Ciadella negotiated the sale on behalf of 2601 M L Fund, LLC, a Netz USA LLC holding company. MHC Oakland Park Owner LLC acquired the building for $11.75 million ($196 per square foot). Frank M. Micali, CCIM of Netz USA LLC represented the fund in the sale. The 2601 Building is a six-story, multi-tenant office building originally developed in 1966. The property sits on a ±1.24-acre site at 2601 East Oakland Park Blvd. After suffering significant damage during Hurricane Wilma in 2005, the building was gutted and rebuilt in 2007 with new roofs, mechanical systems and modern interior build-outs. The 2601 Building is centrally located in [...]