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South Florida

Coconut Creek school sells for $3M

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A preschool building in Coconut Creek has been sold to an offshore
investment group called MG3 Pre School, according to CB Richard Ellis,
which brokered the transaction on behalf of seller Bount Warehouse. The
building, which is located at 5601 Regency Lakes Boulevard, is leased to
Discovery Pre-School. CBRE brokers Scott O’Donnell, Dominic Montazemi,
Marty Busekrus and Miguel Alcivar arranged the sale of the
28,039-square-foot property. The property was purchased for $3.08
million. — Alexander Britell

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