Quebec developer sells Coral Springs office building near mega project

Gideon and David Harari paid $140 per foot for the medical office building

Miami /
Aug.August 10, 2018 05:30 PM

9600 West Sample Road and David Harari

Another investor is setting down roots in downtown Coral Springs amid a recent push by the city to redevelop the area.

Eden Sample LLC, led by Gideon and David Harari, just paid $5.8 million, or $140 per foot, for the five-story office building at 9600 West Sample Road. The deal was part of a 1031 exchange, David Harari said. His family recently sold the warehouse at 1063 Northwest First Street in Hallandale Beach for $3.1 million.

Quebec developers Amos and Michael Sochaczevski sold the 41,353-square-foot building in Coral Springs through their company, M.C. Bay View Investments Inc. The 1.5-acre property last sold for about $4.3 million in 2014.

It’s just north of Broward Health Coral Springs and across from the new Coral Springs City Hall, on the southwest corner of University Drive and Sample Road.

The office building is leased to North Broward Hospital, in addition to other medical office tenants. BB&T previously occupied the 3,500-square-foot ground floor retail space. Cushman & Wakefield is handling leasing for the building.

Next to city hall is the site of a major mixed-use project being developed by PreDevCo. The $200 million development is set to include more than 500 residential units, 230,000 square feet of commercial space, and an eight-story, 150-room hotel.


Related Articles

arrow_forward_ios
Amir Korangy, Michael Shvo and Jeff Greene
Michael Shvo and Jeff Greene talk distress, opportunities in office
Michael Shvo and Jeff Greene talk distress, opportunities in office
Diego, Jose and Inigo Ardid with a rendering of the planned apartments in Coral Springs (City of Coral Springs, Key Inerternational, Getty)
Key International to build 377 apartments on former Publix site in Coral Springs
Key International to build 377 apartments on former Publix site in Coral Springs
Terranova’s Stephen Bittel with 93 Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Ytech's Yamal Yidios with 1500 Brickell Avenue
Ytech buys historic Brickell château, plans restoration
Ytech buys historic Brickell château, plans restoration
50 and 60 Northeast Third Street and 222 and 234 Northeast First Avenue (Google Maps)
Namdar pays $41M for downtown Miami apartment towers dev site
Namdar pays $41M for downtown Miami apartment towers dev site
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Sterling Organization managing principal and CEO Brian Kosoy and Coral Landings III at 6166 and 6200 West Sample Road (Sterling Organization, LoopNet)
Sterling drops $37M for Coral Springs shopping center anchored by Best Buy
Sterling drops $37M for Coral Springs shopping center anchored by Best Buy
Sean “P. Diddy” Combs, DJ Khaled, Trippie Redd, Lil Wayne, Rick Ross and Kodak Black (Getty, iStock, Illustration by Shea Monahan for the Real Deal)
South Florida’s rapper resi market is super dope fire
South Florida’s rapper resi market is super dope fire
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...