For Immediate Release
Fifteen Group Sells 133K SF Industrial Building to Aviation Inflatables
March 14, 2017 11:00 AM Eastern Daylight Time
MIAMI — Fifteen Group completed the sale of a 133,000 SF industrial building to Aviation Inflatables in March 2017. The buyer was the in-place tenant of the building within Sawgrass Technology Park in Sunrise, FL. The building will serve as Aviation Inflatables’ company headquarters. Fifteen Group acquired the building in 2013 as part of its purchase of Sawgrass Technology Park, a 63-acre, 645,000 SF office park comprised of 12 buildings with office, flex and warehouse uses. Fifteen Group will continue to own and operate the balance of the office park.
Sawgrass Technology Park is located in the heart of the Broward MSA within Sawgrass International Corporate Park, offering convenient access to Sunrise Boulevard and three major highways – I-75, I-595 and the Sawgrass Expressway. The property is surrounded by excellent retail and entertainment amenities such as the BB&T Center and Sawgrass Mills Mall, as well as high-end residential areas, including luxury rental communities and various future mixed-use development sites.
About Fifteen Group
Fifteen Group is a family-owned real estate investment firm based in Miami, Florida. Fifteen Group's investment activities are opportunity-driven, value-added acquisition and development projects. Historically, Fifteen Group concentrated primarily on the multifamily sector, but has evolved to include expertise in the office, retail, mixed-use, industrial, land and residential development sectors. Currently the firm invests in all major real estate asset classes, in real estate secured debt, and in corporate private equity transactions. Fifteen Group also has offices in Los Angeles.
Fifteen Group Capital LLC
Chris Auxier, 305-938-4321