The Real Deal Miami

Oakland Park’s Atrium West sells for $4.8M

May 16, 2012 11:15AM

Atrium West

A bank-owned office building at 7771 West Oakland Park Boulevard has sold for $4.8 million, according to CBRE, which represented seller ATC Realty One. Atrium West, which is located on a 6.79-acre site at the northeast corner of University Drive and Oakland Park Boulevard in Oakland Park, was 62 percent leased at the time of closing. “As a testament to both the buyer and seller’s commitment to completing this deal, the bank supported the buyer’s efforts during due diligence to firm up several of the near-term lease expirations,” said Scott O’Donnell, senior vice president at CBRE. O’Donnell was joined on the deal by Marty Busekrus, Dominic Montazemi and Miguel Alcivar. — Alexander Britell