Reported Oct 22, 2026 · Source: Commercial Observer
Development company Grover Corlew has paid $69.7 million for 200 East Broward in Downtown Fort Lauderdale, making it the latest office building to sell for a discount in the South Florida submarket. Source: Commercial Observer.
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Development company Grover Corlew has paid $69.7 million for 200 East Broward in Downtown Fort Lauderdale, making it the latest office building to sell for a discount in the South Florida submarket.
The 447,253-square-foot property is 75 percent occupied.
JLL’s Hermen Rodriguez and Ike Ojala brokered the sale, which resulted in a nearly 15 percent loss in value for the seller, Banyan Street Capital, which dropped $81.5 million to acquire the asset in 2017, according to property records. (A representative for the Miami-based Banyan Street did not immediately respond to a comment.)
Article date: 2026-10-22T17:20:48-04:00
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