Native Realty again demonstrated its unique expertise in sourcing off-market opportunities for investment sales clients with the successful sale of a Fort Lauderdale office building. Firm CEO Jaime Sturgis and COO Kaley Tuning represented the seller in the $5 million transaction, which equates to $650 per square foot, substantially higher than the surrounding comparable sales in the area. The transaction garnered media coverage in South Florida Business Journal, CRE-Sources, Traded and City Biz – among others.
Davie Blvd Office, LLC sold the 201 SE 12th St. property to BJO of Fort Lauderdale, LLC. The buyer is a local law firm that plans to occupy the 7,541-square-foot office building.
Completed in 2018, the modern office building benefits from its location just steps from downtown Fort Lauderdale and Las Olas Boulevard. Its sleek design with large windows allows for ample natural light in the offices. The property also has plenty of available surface parking spaces, which is rare for urban core office product in the area.
“Our proven ability to create off-market opportunities is intensifying demand for our services from commercial real estate property owners,” Sturgis said. “We can discreetly and effectively secure the right buyers for the right deals through our extensive network. In this transaction, we identified the perfect locally based owner-occupier to purchase the building.”
Founded in 2017, Native is on pace to surpass $1 billion in overall transactional volume during the third quarter of 2025.