A real estate property at Florida’s Fort Lauderdale Executive Airport (KFXE) is now available due to a bankruptcy sale. Known as the FXE Gateway Complex, the two-parcel, nearly 11-acre, lien-free facility includes a 20,150-sq-ft office building with an attached 18,000-sq-ft private hangar that can accommodate aircraft up to a large-cabin business jet, and features a two bedroom/two bathroom apartment overlooking the runway.
Handled by commercial real estate firm Avison Young, the sale was prompted by the court judgment against a Florida businessman requiring him to pay more than $27 million for Medicare fraud.
“With only a handful of privately-owned, direct access properties at the Fort Lauderdale Executive Airport, the FXE Gateway Complex represents a rare and unique opportunity to own a luxury class A office building that allows executives to move from the boardroom to the sky in minutes,” said John Crotty, a principal with the company that was appointed to manage the sale based on its experience with bankruptcy proceedings. “The office component has been completely rebuilt with a high-end finish level rarely seen in Fort Lauderdale, and suitable for the most prestigious high-net-worth jetsetters.”
Also among the assets to be liquidated in the proceedings is a 1997 Gulfstream V.