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Former Ireland Inn Fetches $27.1 Million

New Venture Acquires Fort Lauderdale Beachfront Redevelopment
By Emery Uwimana
May 4, 2010 | 2:28 P.M.

A new venture led by Jorge Perez of The Related Group of Florida has purchased the former Ireland's Inn beachfront redevelopment site in Ft. Lauderdale, FL, from the original developer, a partnership between Fortune International and the Ireland family. The 4.6-acre site at 2200 N. Atlantic Blvd sold for $27.1 million, or about $5.8 million per acre.

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