Jaime Sturgis of Native Realty featured on Biznow.com:
An artsy Wynwood furniture store is ditching Wynwood for the friendlier climes of Oakland Park. Antique to Chic purchased the Match Point Tennis building at 1510 East Oakland Park Blvd. in the Fort Lauderdale suburb.
“Attracting a Wynwood retailer represents a huge milestone in the evolution of the Oakland Park Culinary Arts District,” said broker Jaime Sturgis, whose Native Realty handled the sale of the 6K SF Match Point Tennis building for nearly $1.1M Jan. 31.
The buyers, he said, “were getting priced out of Wynwood. It was cost prohibitive for their business model to be down there.”
Sturgis, a native of Fort Lauderdale, said that, generally speaking, “If you want be in Wynwood, you’re paying $60-75 per foot, and around Main and Main, $75 to 100 a foot. In Fort Lauderdale, you could be paying $35 to $60. That’s not half, but it’s close.”