Client Success: Development Site in Fort Lauderdale's Flagler Village Sold for $14 Million

October 1, 2020

Hinshaw recently represented the owners in the sale of a 1.75 acre development site located in Fort Lauderdale’s Flagler Village for $14 million. Hinshaw partner Ross H. Manella and attorney Ofonedu-Ime Goodwyn represented the clients in the transaction, which closed on September 29, 2020.

The site currently includes a Greyhound bus stop as well as a two-story retail building that is occupied by a Sherwin-Williams. The purchaser, developer Dev Motwani, indicated he's considering residential, retail and hotel uses for the site.

The transaction was given media coverage by The Real Deal in a story titled "Dev Motwani buys Fort Lauderdale dev site for $14M."

Hinshaw & Culbertson LLP is a U.S. based law firm with offices nationwide. The firm's national reputation spans the insurance industry, the financial services sector, and other highly regulated industries. Hinshaw also serves as counsel to the professional services sector, and provides business advisory and transactional services to clients of all sizes.