Avison Young’s John K. Crotty, CCIM, Michael T. Fay, David Duckworth, Brian C. de la Fé, and Associates Emily Brais and Berkley Bloodworth closed the sale on behalf of the seller, Hersha Hospitality Trust.
The asset was the second of the seller’s 100% occupied, two-building portfolio to sell within three months, both sales totaling $17.2 million.
The asset totals 259,458 square feet on 14.31 acres in Broward County’s Cypress Creek submarket.
The pair of office buildings totals 96,674 square feet. CLICK ON THE HEADLINE FOR MORE