$45.5M Off-Market Sale Highlights Demand For Medical Office Space
The medical office building is leased long-term to the University of Miami (UM) Hospital.
The medical office building is leased long-term to the University of Miami (UM) Hospital.
Before joining Colliers, she was Senior Vice President at CBRE, where she focused on leasing and development management for many of South Florida’s premier office properties.
The growing company has offices in more than 20 countries, with plans to expand and hire 1,100 new employees worldwide with nearly half of its new workforce to be based in Miami.
Robert Listokin with Colliers South Florida represented the seller in the sale of the portfolio totaling 20,820 square feet in Broward County.
The property, which was 100% occupied, closed on May 12 for $11 million.
Northeastern investors continue to move their capital to the West Palm Beach office market.
The property features a newly renovated, 14,056-square-foot warehouse with 12 drive-in doors, situated on an oversized lot with substantial frontage on Okeechobee (Route 27).
Both buildings total 71,682 square feet and are situated on 2.62 acres of land.
In this highly competitive industrial real estate sales market, the buyer signed the purchase and sales agreement and closed the same day.
Marcus & Millichap will be joining OpenStore and Veru as the first three tenants in The Gateway at Wynwood.
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