Amerijet HQ in Fort Lauderdale sells for $7.5M

1.5-acre property last sold for nearly $6 million in 2008

Nov.November 13, 2015 10:30 AM

A Fort Lauderdale developer has sold the Amerijet International Headquarters building for $7.5 million, Marcus & Millichap announced on Thursday.

Spaxon Corp. II, led by Philip L. Spages, sold the 29,000-square-foot property, at 2800 South Andrews Avenue. It sits on 1.5 acres, according to Broward County records.

The AmeriJet building includes a 5,000-square foot receiving area, Marcus & Millichap said in a press release. AmeriJet, a group of companies that offers shipping and transportation services, is the sole tenant.

Marc E. Strauss and Richard Moravek were the listing agents. In the release, Moravek said the property generated substantial interest, but “ … many buyers were concerned if AmeriJet would renew their lease upon expiration,” he said. “As a result, finding the right buyer took time and considerable effort.”

Julie Berry of Stiles Corporation represented the buyer, an LLC led by Dr. Selvin Passen of Fort Lauderdale. The sale was recorded on Nov. 10.

It last sold for $5.87 million in 2008, according to property records.

“The winning bid was to a buyer willing to assist the tenant with increasing on-site parking. They purchased the property at list price,” Strauss said in a statement. “We were able to overcome the deal’s challenges to provide both the buyer and seller with advantageous outcomes.” – Katherine Kallergis

Related Articles

John Sasso and 1020 Northeast 7th Avenue (Credit: Google Maps)

Fort Lauderdale apartment portfolio sells for $10M

2001-2005 West Cypress Creek Road, Alex D. Zylberglait

Office complex near Fort Lauderdale airport sells for $7M

The property and Jonathan Salk (Credit: Google Maps)

Liberty Property Trust sells Fort Lauderdale industrial buildings

Jorge Perez and the development site

Related buys dev site in downtown Fort Lauderdale

Carlos Rodriguez Sr., Carlos Rodriguez Jr. and a rendering of Home 2/Tru by Hilton

Driftwood, Merrimac close first Opportunity Zone deal in Flagler Village

Stuart Lazier and the Wawa in Fort Lauderdale

Fort Lauderdale Wawa sells for $7M

Jorge Perez and New River Yacht Club III

Related Group nabs $48M loan for downtown Fort Lauderdale apartments

421 Northeast Sixth Street and Henry Pino

Alta scores $128M loan for Flagler Village apartments