SUNRISE, FL-Davie-based Weitzer/Kislak Sawgrass LLP acquired an 8.3-acre tract of lakefront land that includes 1.7 acres of lake bottom. It is located at the corner of Flamingo Road and Pink Flamingo Lane in the Sawgrass Mills Development Plan. The price is just over $8.7 million, or a little more than $1 million an acre.

Bard Brenner of Miami-based Sam Brenner Inc. brought the buyer, a partnership headed by Harry Weitzer, to the table and negotiated the transaction with the seller, Arlington, VA-based Mills Services Corp., which was represented in house by Bill Montgomery, SVP of peripheral development. The land is across from Mills Corp.’s 2.1-million-sf Sawgrass Mills Mall.

Of the land sale, Brenner tells, “it’s the culmination of a long process in which three to four developers vied for, but never finalized plans to develop this piece of the new urban core of Sunrise. The price, he adds, “is reasonable for waterfront land.”

Weitzer, a long-time builder of residential communities throughout South Florida, sold many of his assets to Sergio Pina’s Miami-based Century Homebuilders, according to Brenner. Weitzer could not be reached at press time. However, according to published reports confirmed by Brenner, he plans to develop Tao, a 396-unit residential condo complex consisting of two 26-story towers, on the land. It will be his first high-rise project since selling his former company to Pina. According to published reports, Tao will contain one-, two- and three-bedroom units along with two-story, ground-level villas. Units will range from about 1,100 sf to 2,000 sf and are expected to sell in a range from the low $300,000s to the $800,000s.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.