The South Florida Multifamily Team of Robert Given, Troy Ballard, Zachary Sackley and James Quinn was Selected by ahs Residential to Market The Place at Dania Beach, a 144-Unit Multifamily Community with Ground-Floor Retail
DANIA BEACH, FL, May 4, 2018 — Cushman & Wakefield has been named exclusive advisor for the disposition of The Place at Dania Beach, a recently completed 144-unit luxury mid-rise multifamily community with 6,771 square feet of ground-floor retail in downtown Dania Beach.
The South Florida Multifamily team of Robert Given, Troy Ballard, Zachary Sackley and James Quinn was selected to market the asset by Miami-based developer ahs Residential. The offering is unpriced.
The Place at Dania Beach was completed in 2017 and comprises a single seven-story residential building with ground-floor retail, a rooftop pool and amenity deck and attached structured parking. Units at The Place at Dania Beach average 890 square feet with an average market rent of $1,784 per unit. The property is already 100% leased.
The Place at Dania Beach is located just east of Federal Highway/US-1 at 180 East Dania Beach Boulevard, providing exceptional access to major employers such as Chewy.com in the Design Center of the Americas (DCOTA), Fort Lauderdale International Airport, Port Everglades and downtown Fort Lauderdale.
“Dania Beach is taking shape with numerous hotel, residential, and retail developments underway and nearing completion,” said Given. “As downtown Dania Beach emerges, the immediate area has become highly attractive due to its connectivity to jobs, amenities and the beaches all just minutes away. The Place at Dania Beach has been able to capitalize on the area’s growing demand, as substantiated by the property’s lease-up velocity and lack of available units.”
Added Ballard, “The fact that we are already 100% leased is clear evidence The Place at Dania Beach is meeting a much needed demand in the market for new product with outstanding amenities.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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