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.
Categories
Recent Posts
Joy-Anna Duggar Announces Pregnancy as She and Husband Austin Forsyth Build Their Dream Arkansas Farmhouse
The Costly Pricing Trap Every Smart Homebuyer Can Avoid
Trump threatens trade halt if Fed does not cut rates
Fort Partners joins BH3, Merrimac’s Watson Harbour project in Miami
Fay Group acquires VanDyk Mortgage to expand conforming loan footprint
Abandoned Graffiti-Covered Mansion on Mulholland Drive Has Wealthy Neighbors Up In Arms
Phoenix Realty scoops up south Miami-Dade rentals for $65M
Estates at Acqualina penthouse sells for $33M, a record for the building
ICE raids strain homebuilder labor, cycle times, and bank lines
Why mortgage rates barely budged after jobs report beat estimates
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131