Source: SOUTH FLORIDA BUSINESS JOURNAL

Procacci: BBX partners with Procacci to buy Fort Lauderdale property

BBX Capital Corp. and Procacci Development Corp. partnered to purchase a commercial property in Fort Lauderdale for $8 million. The Fort Lauderdale-based company (NYSE: BBX), formerly the parent of BankAtlantic, formed a 50/50 venture with the Boca Raton-based developer called Sunrise and Bayview Partners. It acquired property at 1040 Bayview Drive, which has an 84,000-square-foot office building and a 7-11 gas station and store. It's on the corner of Sunrise Boulevard. "We are very excited…

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Est. Annual Revenue
$25-100M
Est. Employees
25-100
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