Investors in Orlando and Boston form a joint venture to buys the Sawgrass Lake Center office complex in Sunrise for $45 million.
April 02, 2014 at 01:00 PM
1 minute read
Orlando-based CNL Commercial Real Estate Inc. is so confident in Broward County’s rebounding market that it plunked down more than $45 million for an asset on the outskirts of Sunrise’s office district.
CNL in a joint venture with Boston-based Long Wharf Real Estate Partners LLC paid $45.2 million for its first Broward acquisition. The Sawgrass Lake Center is a six-story office complex at 13450 W. Sunrise Blvd.
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