Portsmith Interstate LLC bought the Interstate Center I and II, twin four-story buildings aggregating 27,974 sf for just over $3.3 million or $118.86 per sf. The center, previously owned by Blanco Interstate LLC, is at 1620-1640 W. Oakland Park Boulevard in Oakland Park.
Robert Listokin, a partner, and Sal Bonsignore, an office specialist in the Fort Lauderdale office of Colliers International, were the sole brokers in this transaction. The new owner plans to convert the buildings to office condos, Listokin says.
Listokin also represented HRB Property Corp. in the sale of a 41,750-sf building at 302 Datura St. in the West Palm Beach CBD. Florida-based Datura & Olive Residences acquired the property for $4.5 million or $107 per sf. The three-story building was completed in 1955 and renovated in 1993.
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