FORT LAUDERDALE, Florida, December 22, 2025 – Cushman & Wakefield announced today that the firm represented PEBB Enterprises in its disposition of the 6400 Building in Fort Lauderdale. PEBB Enterprises acquired the asset in 2004 for $6.31M, and it served as their corporate headquarters before relocating to Boca Raton.
Cushman & Wakefield’s Scott O’Donnell, Mike Ciadella, Greg Miller and Miguel Alcivar represented the seller in its $11.93 million transaction with a private family office.
Located at 6400 N. Andrews Avenue in Fort Lauderdale’s Uptown Urban Village, the 6400 Building totals 55,241 square feet and is 89% leased, providing both a secure income stream and significant upside potential. With average suite sizes of 3,724 square feet, the 6400 Building caters to small and mid-sized users, the segment that represents the majority of leasing demand in the market.
The property is distinguished by its high-profile signage at the Cypress Creek Road interchange of I-95, visible to approximately 260,000 cars daily, an identity typically reserved for much larger corporate assets. Its central location, just north of Downtown Fort Lauderdale, offers direct connectivity to I-95, Cypress Creek Road, Commercial Boulevard and Federal Highway, delivering tenants a cost-effective alternative to the congestion and higher rents of the CBD while maintaining access to South Florida’s key business hubs.
“Our team is witnessing increasing demand from private-capital investors for well-located, high-quality assets that cater to the small to mid-size tenants that have remained resilient through the past few years,” said O’Donnell, Cushman & Wakefield Executive Managing Director. “This asset’s visibility from I-95 and access to the Cypress Creek Interchange drove strong investor interest.”