Nyse: bbx

BBX Capital Real Estate


Status: Pre-Development

In June 2014, BBX Capital Real Estate entered into a joint venture with an affiliate of Procacci Development Corporation to acquire 3 acres located at Bayview Drive and Sunrise Boulevard in Fort Lauderdale, Florida. The property is currently improved with an approximate 84,000 square foot office building along with a convenience store and gas station. Located minutes from Fort Lauderdale beaches and directly across from the Galleria Mall, we anticipate the property will be repurposed at some point in the future.