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CP Group, Related Fund Management buy mixed-use complex in downtown Fort Lauderdale
Transactions - MARCH 17, 2022

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CP Group, Related Fund Management buy mixed-use complex in downtown Fort Lauderdale

by Released

CP Group and Related Fund Management (RFM) have acquired Las Olas Square, a mixed-use office and retail project in Fort Lauderdale, Fla.

The 17-story, two-building office/retail complex in the heart of downtown Fort Lauderdale is made up of two contiguous assets: 515 at Las Olas Square, a 17-story office tower, and 501 at Las Olas Square, a three-story mixed-use office and retail space.

“Las Olas Square is a rare, generational asset located in the heart of Las Olas, Fort Lauderdale’s urban core and one of the fastest growing submarkets in South Florida,” said Brett Reese, senior vice president at CP Group. “The buildings are situated at a main-and-main location with an abundance of walkable amenities and a strong pipeline of multifamily buildings being developed in and around the immediate area. Las Olas Square is some of the best-located real estate in Broward County, and we look forward to improving an already desirable building.”

The venture plans t

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