Russell Galbut and Partners Scoop Up Galleria Fort Lauderdale for Redevelopment Plans in Prime Location
GFO Investments, InSite Group, Atlas Hill Real Estate, and Prime Finance team up to acquire Galleria Fort Lauderdale and unveil plans for redevelopment in the coming months.
Russell Galbut's family office, GFO Investments, has joined forces with InSite Group, Atlas Hill Real Estate, and Prime Finance to purchase Galleria Fort Lauderdale. The 800,000-square-foot indoor mall, located at 2414 East Sunrise Boulevard, has been acquired by the partnership in a closed transaction, according to sources familiar with the deal.
The buyers have already announced their plans to redevelop Galleria Fort Lauderdale, with detailed plans set to be revealed in the coming months. In a press release, Galbut expressed excitement for the project, calling the property "an incredible site" and highlighting its prime location just two blocks from the ocean.
"A transaction like this comes about once in a lifetime," Galbut told The Real Deal. "We're going to reinvent the mall and..."
https://therealdeal.com/miami/2025/09/19/russell-galbut-and-partners-buy-galleria-fort-lauderdale/