The site is a portion of the Lakes Mall located at the northwestcorner of State Road 7 and Oakland Park Boulevard in LauderdaleLakes, FL. Cornerstone plans to use it for the development of amixed-use rental apartment/retail project which will contain 246rental units and 15,000 sf of retail space.

Richard Davis, senior vice president, multi housing investmentadvisor-Boca Raton, led the Grubb & Ellis South Florida team inrepresenting Urban America.

The other team members are Rosendo Caveiro, senior vicepresident, multi housing investment-Miami and Teresa Talley, seniormarketing specialist-Miami. Alan West, senior vice president,investment advisory services-Boca Raton, assisted.

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