Developer to Auction Ft. Lauderdale Office Condos Online
The five remaining commercial retail/office condominium units at the Ft. Lauderdale, Fla. NuRiver Landing development will be auctioned online, auctioneer LFC Group announced. The commercial condos include access to the facility’s rooftop pool, meditation garden, club room and fitness center. The opening bid for the condos, which range in size from just over 1,700 to 4,500 square feet, is $199,000. The bid deadline is Oct. 29, 2009. The development is a joint venture between the Carlyle Group and Noble House. The auction will be held on LFC Group’s Web site, lfc.com. “This is a developer closeout auction, not a liquidation auction,” said LFC Group vice president Shawn Miller. “There has been a lot of interest in these five remaining commercial condominiums, and the auction will motivate buyers to move quickly and aggressively.” Write to Austin Kilgore.