The Flanigan family that owns the seafood restaurant Quarterdeck paid $5 million to become its own landlord.
A company managed Quarterdeck partner James Flanigan bought two buildings totaling 10,000 square feet at 1035 and 1039 Southeast 17th Street in Fort Lauderdale, according to property records. One of the buildings includes a Quarterdeck and the other is a new cocktail bar called Whiskey Neat. The property includes a courtyard that connects the two buildings.
Quarterdeck is a seafood restaurant in Florida led by Paul Flanigan, part of the same family that started Flanigan’s Seafood Bar & Grill.
A company tied to long-time developer Charles Ladd Jr. of Barron Real Estate and Laurence Brokaw sold the property. The group purchased the property in 2014 for $645,000, records show and then built the buildings.
Whiskey Neat has over 200 whiskeys stocked and features 11 craft cocktails, according to a recent Sun Sentinel article.
In December, Fort Lauderdale developer Steven Hudson and Ladd completed the purchase of an assemblage in Fort Lauderdale between Federal Highway and Northeast Seventh Street with plans to bring a mixed-use project with an iPic movie theater.
The developer is planning 150,00 square feet of retail and office space and 180 luxury apartments on the site. Ladd founded Barron Real Estate in 1991 and brought a Fresh Market to Flagler Village.