Pembroke Pines Office Property Trades, More Than Triples In Value
The seller originally acquired the property in 2017 for $12.2 million.
The seller originally acquired the property in 2017 for $12.2 million.
The Main was fully leased within two years of delivery and remains 100% occupied today with a high-quality tenant roster of national financial institutions, leading law firms and corporate headquarters.
Adam Marcuvitz, Joseph P. Thomas and Alec Demetriou, investment specialists in Marcus & Millichap’s Fort Lauderdale office, represented the seller in the transaction.
Owned and developed by Bridge Industrial, the project is a 270,719-square-foot, two-building speculative industrial project designed to accommodate tenants ranging from 25,000 to 150,000 square feet.
Renewing the lease would have resulted in rent increasing by roughly three times the firm’s prior rate.
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The two leases total more than 15,000 square feet.
DWS Group initially brought the property to market in July 2025, seeking approximately $125 million. The complex last sold in 2015 for $118.55 million.
Previously, the space served as the headquarters for Parbel, a fragrance and cosmetics subsidiary of L’Oréal. The current lease runs through August 2027.
The property was sold by Andy Ansin, President and CEO of Sunbeam Television, after more than 70 years of family ownership, marking its first transfer.
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