Private Equity Group Buys Sunrise Office Bldg. from Bank

A local private equity group acquired Atrium West, a two-story office building at 7771 W Oakland Park Blvd in Sunrise, FL, from Wells Fargo for $ 4.8 million or about $ 51.79 per square foot.

Constructed in 1983, the 92,689 square-foot suburban office building occupies the northeast corner of University Drive and Oakland Park Boulevard. It was 62% leased at the time of closing.

According to brokers in the transaction, the bank supported the buyer…
South Florida Commercial Real Estate News From CoStar Group