L-R Joseph Traina Jr. is principal and president of The Traina Cos., and Gregory Freedman is co-founder and principal of BH3. Courtesy photo
The Traina Cos., which assembled the 2.8-acre site, sold the property but will stay on as FATCity co-developer while BH3 is the master developer.
March 12, 2019 at 12:48 PM
1 minute read
South Florida real estate reporter
Fort Lauderdale’s mixed-use FATCity project is a step closer to fruition after development company BH3 bought into the downtown site for $23.125 million.
BH3, based in Aventura, through an affiliate bought a stake in the 2.8-acre site between Northeast Third and Fourth streets east of Andrews Avenue from an affiliate of The Traina Cos., a New York and Delray Beach-based holding group.
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