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Transactions

CapasGroup Facilitates Sale of Oceanfront Development Site

CapasGroup Facilitates Sale of Oceanfront Development Site

CapasGroup Realty Advisors announces the $12 million sale of Castle Reef, an Oceanfront redevelopment property positioned at 1205 Hillsboro Mile in the affluent barrier island community of Hillsboro Beach, Florida. The price equates to just over $6 million per acre or $387,100 per potential development unit.

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Lakeview Centre Land Sells For $24 Million

Lakeview Centre Land Sells For $24 Million

Anyone involved in large, mixed-use land developments must be a visionary who believes in the long-term potential of their property as well as its submarket. Since Lakeview Centre will be a high-rise development, the planning and construction period will likely span several years.

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CapasGroup Sells Office Flex Building in Broward County

CapasGroup Sells Office Flex Building in Broward County

CapasGroup Realty Advisors announces the sale of a 34,812 square foot office flex building in Broward County for $2.95 million or approximately $85 per square foot. Located in the Plantation Technology Center in Plantation, Florida, the 1984-built building was 100% leased at the time of sale.  The property is located convenient to the Florida Turnpike […]

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West Palm Beach Currie Park Land Assemblage

West Palm Beach Currie Park Land Assemblage

CapasGroup Realty Advisors announces the $1.51 million sale of 0.865 acres along Ponce De Leon Avenue in the heart of the West Palm Beach Currie Park redevelopment district. The sale price equates to approximately $40 per square foot. CapasGroup principal Brad Capas has now sold six sites in the Currie Park submarket, and seven sites […]

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CapasGroup Sells Another Site in West Palm Beach North End

CapasGroup Sells Another Site in West Palm Beach North End

CapasGroup Realty Advisors announces the $1.5 million sale of 1.55 acres along the North Flagler Drive waterfront near Currie Park.  This transaction represents the fourth land transaction Brad Capas has completed in the Currie Park submarket and his sixth land closing along North Flagler Drive in the West Palm Beach North End market since 2012. The […]

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CapasGroup Closes Fractured Condo Sale in Boynton Beach, Florida

CapasGroup Closes Fractured Condo Sale in Boynton Beach, Florida

CapasGroup represented the bulk seller in the marketing and sale of 110 units within the Bermuda Cay fractured condo community in Boynton Beach, Florida.  The property sold for $15,100,000 which equates to $137,272 per unit or about $127 per square foot.  The buyer was a private investment entity with substantial fractured condominium holdings in Florida.

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