Sagi Shaked

Highline, Sefira Capital sell Weston office building for $8M

South Florida real estate investors Highline Real Estate Capital and Sefira Capital sold a Weston office building for $8.3 million.

Fort Lauderdale-based Fox Ridge Capital bought Weston Commerce Center at 1625 North Commerce Parkway from Highline and Sefira affiliate HRE/Sefira Weston Office, according to a release. Built in 1991, the three-story building has 33,720 rentable square feet and is fully leased.

Fox Ridge Capital, led by Grant Horwitz, is a private real estate and asset management firm with properties across the U.S. and a focus on South Florida, Orlando, Tampa and Atlanta, according to its website.

The sale of the office building completes the investors’ disposition of their Weston portfolio for a total of $17.2 million. In December, the firms sold the office building at 1040 Weston Road to Shaked 21 for $8.9 million. The buyer is led by personal injury attorney and Aventura real estate agent Sagi Shaked and his wife, attorney Anat Shaked.

Source

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