Greenspoon Marder Represents BTI Partners In Acquisition Of A Multi-Million Hollywood Redevelopment Site

Jul 26, 2021

Fort Lauderdale, Fla. – July 26, 2021 – Greenspoon Marder represented Fort Lauderdale-based BTI Partners in the acquisition of the 11-story Bread Building, a multi-million 3.24-acre redevelopment site at 1747 Van Buren Street, Hollywood, FL. Greenspoon Marder partner David Weisman, a Board Certified Real Estate Lawyer, provided real estate and corporate counsel experience to the purchaser since the initial contract in April of 2019 and served as the closing and title agent. The sale price of the transaction was $11 million. The seller of the property was MG3 Hollywood, which is affiliated with Aventura-based MG3 Developer Group.

“This transaction demonstrates that there is real value and growth in the South Florida real estate market during the COVID-19 pandemic,” says Mr. Weisman. “This deal will serve a $500 million Hollywood circle redevelopment project buildout that will develop residential, retail, mixed-use and other commercial real estate spaces.”

Mr. Weisman’s practice encompasses a wide range of commercial real estate transactions and commercial leasing matters, no matter how complex. He represents individual buyers and sellers, investors, and developers. In addition, he offers his clients representation in various corporate and business matters, purchases and sales of businesses, shareholder and partnership agreements, joint venture and participation agreements, as well as various contract matters.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 240 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has upheld a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

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954.333.4308 | [email protected]

This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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Greenspoon Marder Represents BTI Partners In Acquisition Of A Multi-Million Hollywood Redevelopment Site

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