In June 2014, BBX Capital Real Estate entered into a joint venture with an affiliate of Procacci Development Corporation to acquire 3 acres located at Bayview Drive and Sunrise Boulevard in Fort Lauderdale, Florida. The site is located minutes from the beach and directly across from the Galleria Mall. The property is currently improved with an approximate 84,000 square foot office building along with a convenience store and gas station. BBX Capital Real Estate sold its partnership stake in June 2022.