Broward Office Building Trades For $6.5M

Pimo Capital LLC acquired Coral Springs Executive Tower, located at 210 N. University Dr. in Coral Springs, FL from Coneca Properties, Ltd. for $6.5 million, or about $81 per square foot.
The property is a nine-story, 80,380-square-foot building constructed in 1985.
The property transferred as a short sale, with the seller having a $9.3 million balance on its original loan for the property.
Bill Griffin of Coneca Properties, Ltd. represented the seller in-house. The buyer was not represented, and will retain Coneca Properties to continue leasing and management of the property.
Source:  CoStar

Share and Enjoy:
  • email
  • Facebook
  • LinkedIn
  • Twitter
 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!

 
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.