Altis at Coconut Creek is rare trophy asset in desirable South Florida sub-market
Fort Lauderdale, FL – October 10, 2014 – (RealEstateRama) — CBRE has been engaged as exclusive marketing advisor for a new 270-unit lakeside apartment community in North Broward County, FL. Set on approximately 15.2 acres at 5401 Wiles Road, Altis at Coconut Creek is a Class A asset with condo-quality design features and amenities.
“Underscored by the Altman Companies’ track record for best-in-class excellence, Altis at Coconut Creek is the submarket’s highest quality asset. This is a rare opportunity to acquire a trophy asset in one of South Florida’s most sought-after markets,” said Vice Chairman Robert Given of CBRE Multifamily.
Altis at Coconut Creek features such in-demand unit amenities as designer tile and plank flooring, granite and marble countertops, clean steel appliances, nine-foot ceilings, oversized walk-in showers in the master bathroom, roman tubs in guest bathrooms, and private in-home WiFi included in the rental rate.
The property boasts one of the market’s most modern clubhouses with a 24-hour fitness center, yoga and aerobics studio, game room, and cyber cafe. The site offers a resort-style pool with sundecks, cabanas, pavilion with fireplace, bar, TVs, and a full demonstration kitchen, together with a jogging park, dog park and virtual concierge program.
Altis at Coconut Creek has access to the major employment centers of Boca Raton, Cypress Creek, Sunrise and Downtown Fort Lauderdale. With more than 27 million sq. ft. of office space in the area, residents are no more than a 20-minute drive to more than 150,000 jobs. The Coconut Creek MainStreet District, a multi-phased 430-acre pedestrian-oriented, mixed-use regional destination, is located directly across Wiles Road.
Collaborating with CBRE’s Given, the property is represented by Zachary Sackley, Gerard Yetming and Mary Kate Swann of CBRE Multifamily, together with Charles Foschini and Christopher Apone of CBRE Debt & Structured Finance.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
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