LAND PURCHASED FOR 30,000-SQUARE-FOOT OFFICE IN FLORIDA

DAVIE, FLA. — 5780 Griffin Road LLC has purchased two acres of land worth $840,000 from a private party for the second phase of its 5700 Griffin Road office project. The land, located at the intersection of Griffin Road and S.W. 58th Avenue in Davie, is adjacent to the project’s first phase, a 30,000-square-foot office building. The second phase calls for a duplication of the fully-leased initial building. Groundbreaking for the second phase is scheduled for the third quarter of next year. Berger Commercial Realty Corp.’s Reese Stigliano represented the buyer; Joe Caprio of Joe Caprio and Co. represented the seller.