CBRE Arranges $57.5 Million Sale Of Broward County Class A Office Building
Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets, and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction.
Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets, and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction.
The deal equates to about $318 a square foot for the nearly 243,000-square-foot complex.
The property consists of a 9-story office tower, a 2-story medical office building and a development pad.
The 24%-leased newly constructed warehouse was sold to TA Realty.
The property is currently 73% leased to a well-diversified roster of national credit and regional corporate tenants in the financial, healthcare, technology and insurance sectors. CLICK ON THE HEADLINE FOR MORE
KBS Realty Advisors purchased the mirror image towers that span 149,103 square feet. CLICK ON THE HEADLINE FOR MORE
The purchaser was a private South American investment group. CLICK ON THE HEADLINE FOR MORE
The new owner intends to transform it into a new five-star hotel venture. CLICK ON THE HEADLINE FOR MORE
The complex sold for nearly $121,000 per unit. CLICK ON THE HEADLINE FOR MORE
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.