Plantation, FL – January 14, 2016 – CBRE arranged the sale of Solero at Plantation, a 481-unit gated residential community on more than 48 acres in Plantation, Florida. The property at 13500 NW 3rd Street was acquired for an undisclosed price from Invesco to a joint venture between AEW and Grand Peaks.
"With its prestigious location in one of South Florida’s most high-demand markets, Solero at Plantation is primed for completion of an in-unit renovation program,” said CBRE Vice Chairman Robert Given. “The strategic location with accessibility to a multitude of retail and employment drivers coupled with the timeless design of Solero will continue to attract a strong demographic profile.”
Solero at Plantation features 43 townhome buildings and 11 garden-style buildings offering one-, two- and three-bedroom floorplans with direct access garages in select units. The property’s Plantation location provides convenient access to I-595, the Sawgrass Expressway, I-75, I-95, and Florida’s Turnpike for connectivity to all of South Florida, including downtown Fort Lauderdale, surrounding business districts, and the South Florida Education Center.
Built in 2010, the property’s amenities include two large lakes with a fountain, a resort-style pool with beach entry and Wi-Fi; a second pool with cabana; stately gated entrance; 7,400-square-foot high-tech clubhouse; media lounge; 24-hour fitness center; tot lot; bark park; 24-hour business center with high-speed Internet access; and club room with full kitchen, billiards, foosball, table shuffleboard, plasma TVs and PC and Mac Internet stations.
CBRE’s Zachary Sackley and Neal Victor collaborated with Mr. Given in arranging the transaction.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
