Doral Office Building Sells For $96 Million
The 240,669-square-foot building was 95% leased at the time of the sale.
The 240,669-square-foot building was 95% leased at the time of the sale.
CBRE Senior Vice President Larry Genet, Executive Vice President Tom O’Loughlin , Executive Vice President Jose Lobón, Vice Chairman Christian Lee and Senior Associate Jake Zebede represented Brookfield Asset Management in the purchase
The property was sold to an affiliate of Banyan Street Capital.
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.
Butters Construction & Development and Greystar will develop Miami Midway Park, a 45.1-acre site at NW 97th Avenue and NW 170th Street in Hialeah Gardens.
The 479,145-square-foot asset consists of nine buildings, including one Class A 10-story building, three low-rise buildings and five single-story buildings. CLICK ON THE HEADLINE FOR MORE
The seller yielded $14 million after carrying the asset for only two years. CLICK ON THE HEADLINE FOR MORE
This transaction is the largest office building to trade in Broward County’s Downtown submarket in the past 12 months. CLICK ON THE HEADLINE FOR MORE
Levy has been awarded the exclusive right to manage and lease the newly acquired property. CLICK ON THE HEADLINE FOR MORE
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