Downtown Miami’s king Moishe Mana pays $89M for Fort Lauderdale office tower
Moishe Mana is taking a break from his downtown Miami buying spree, dropping $89 million on a Fort Lauderdale office building in one of the priciest office sales in Broward County this year. An entity linked to Mana’s firm, Mana Common, bought 110 Tower, a 777,250-square-foot property at 110 Southeast Sixth Street, records show. The deal penciled out to $115 per square foot. The site includes a 30-story building built in 1997 and renovated in 2015, as well as a parking garage. Mana financed the acquisition with $66.3 million in two notes from City National Bank of Florida, according to […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

A $6.52 Million Beverlywood Home on a Lavish Golf Course Just Set the Record for the Priciest Teardown Sale

#MovingToMiami: Are the Design District and $250 per sf rents the next office-market wave?

Tight inventory, sky-high prices: Miami’s top resi brokers on how they close deals in an ultra-competitive market

North Carolina Passes New Limits on Property Tax Levies

NYC Votes To Cut Construction Red Tape in Bid To Spur More Homebuilding

Kylie Kelce Reveals the One Thing That Makes Someone the Perfect Houseguest

Mortgage policy faces tight runway in split Washington

HECM broker rankings for August stay steady as shift to proprietary products rolls on

Zillow pushes Preferred agent program toward 100% of buyer connections

Bright turns on Ocusell integration so agents enter listings once
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
