Local News
Towers of Coral Springs sells for $10.500.000
By 
Reporter
Coral Springs, Florida – According to real estate broker Marcus & Millichap on Thursday, the Towers of Coral Springs were sold for $10,500,000.
The Towers of Coral Springs are two mid-rise office buildings total 75,757 square feet of rentable space on 3.04 acres, including an additional rear parcel used for parking. They are located at 2825 and 2825 N. University Drive.
The six- and four-story glass office towers are situated between Royal Palm Boulevard and Sample Road, directly across the street from The Walk at Coral Springs and less than a half-mile south of Predesco’s $168 million, a seven-acre mixed-use site, Cornerstone.
Marcus & Millichap’s Douglas K. Mandel and Tyler S. Kuhlman represented Towers of Coral Springs, LTD, an affiliate of Accesso Partners, a Hallandale Beach-based firm.
The buyer was a boutique venture capital firm located in Tamarac, Triple Double Investments.
“The Towers of Coral Springs presents a unique office rebranding opportunity in a highly sought-after Coral Springs submarket,” said Kuhlman.
“The property is just south of the mixed-use “Cornerstone” development and will surely benefit from the increasing market fundamentals.”
-
Local News6 months agoA huge financial relief is coming for Broward County schools teachers, principals, and educational support staff after unanimous vote results in salary hike
-
Florida6 months agoFlorida Senator Rick Scott’s renewed push for the Sunshine Protection Act aims to make Daylight Saving Time permanent, with backing from key House and Senate leaders, emphasizing health, benefits
-
Crime & Safety6 months agoOkechukwu Josiah Odunna of Nigeria arrested for masterminding a fraudulent real estate operation that deceived financial institutions in Florida, leading to significant losses
-
Crime & Safety6 months agoFederal jury convicts Florida man, Dustin Sean McCabe, of manslaughter and fraud after deadly boating accident and deceptive COVID relief claims that exposed reckless conduct and financial exploitation
-
Florida6 months agoComprehensive conservation strategy secures productive lands to ensure future generations continue Florida’s proud tradition of farming and ranching
-
Local News6 months agoSouth Florida artists urged to reimagine public spaces as Dania Beach launches Creative Visions initiative, seeking immersive art projects that engage the community and enhance everyday locations
-
Crime & Safety6 months agoFlorida’s fight against the fentanyl crisis intensifies as Attorney General Uthmeier’s office charges 33 in a sweeping, multi-jurisdictional drug trafficking bust
-
Florida6 months agoSenator Rick Scott’s legislation seeks to impose harsh consequences on universities for neglecting antisemitic harassment, ensuring Jewish students are protected under federal law in latest legislative push
Leave a Reply
You must be logged in to post a comment.