Museum Property In Dania Beach Fetches $9.75 Million

Mar 25, 2020 No Comments by

The iconic Gallery of Amazing Things sold for $9.75 million.

Colliers International Florida’s Urban Core Division team members Mika Mattingly, Executive Managing Director, and Bradley Arendt, Director, represented the buyer and the seller.

The seller is Alphawave Holdings, LLC, and the buyer is Marc Aptakin, of MAD Studios, a marketing, branding and event company based in Fort Lauderdale.

The Gallery of Amazing Things features two adjoining buildings, situated on 2.53 acres, and spans 49,963 square feet of warehouse space located at 481 South Federal Highway. The buyer intends to use the property as the company’s headquarters. Additionally, the buyer acquired the seller’s book of existing event business.

 

“Dania Beach continues to grow at a rapid pace and companies like MAD Studios are taking the area to the next level,” said Arendt. “We continue to see robust demand in Dania Beach from investors that recognize the rare appeal and value the city has as one of South Florida’s fastest growing markets. Our team worked diligently with both the buyer and seller and we’re thrilled to have found the ideal buyer that will fully take advantage of the Gallery of Amazing Things’ endless possibilities to reimagine the space and leverage the new development in Dania Beach and unmatched location.”

Previously housing the Graves Museum of Archeology and Natural History, The Gallery of Amazing Things is a cultural center for the arts and an events space for guests of all ages to come together and celebrate, whether private or corporate events. The buyer will continue to operate the museum on the second floor.

The property is uniquely located between South Florida’s two main cities, Miami and Fort Lauderdale, and is conveniently near Downtown Fort Lauderdale, Fort Lauderdale International Airport, Port Everglades, I-95, I-595 and the beaches. Dania Beach market continues to see an uptick in new development and market activity, with over $1 billion in investments, including Dania City Center, Dania Pointe, the new Spirit Airlines Headquarters and Le Méridien Dania Beach at Fort Lauderdale Airport.

 

 

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Broward County Industrial / Flex, Broward County Retail, Industrial / Flex, Industry News, NA, Retail
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