BBRE closes on Hollywood Beach Motel Portfolio totaling $4.65M

11/01/2008

BayBridge Real Estate Group, LLCC closes Hollywood Beach Motel Portfolio totaling $4.65M

BayBridge Real Estate Group, LLC closed on the sale of a Hollywood beach hotel portfolio in November 2008.

This portfolio offered an investor/developer an expedited presence in the Hollywood Beach area, with the ability to buy/hold or proceed with several boutique developments. BayBridge Real Estate Group’s Managing Director, Adam Greenberg, CCIM represented the seller in the transaction.

The hotel portfolio consisted of 6 properties totaling 58,580 square feet of net lot area (land) and 26,000 square feet of net rentable area (building). All of the properties were currently being operated as motels and were located within a two-block radius.



About BayBridge Real Estate Group: a boutique full service residential and commercial real estate brokerage company specializing in the Central and South Florida Markets. Offering clients a single-source service that coordinates all phases of a transaction, from strategic planning and detailed financial analysis through assignment completion, BayBridge is designed to effectively market and sell client properties and represent potential buyers in their search for specific properties.

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