Cushman & Wakefield Represents Sellers In $33.6M Sale Of Boca’s Del Mar Medical Park
The property, located at 7301 and 7301A W. Palmetto Park Road, spans 101,546 square feet across two boutique medical office buildings.
The property, located at 7301 and 7301A W. Palmetto Park Road, spans 101,546 square feet across two boutique medical office buildings.
Seventy percent of funds will be allocated to industrial properties in Florida, the Carolinas, Tennessee and Georgia, and the remainder will be divided equally between Florida office and medical office buildings.
The building totals 107,304 square feet.
The asset was acquired by Boca Raton-based IP Capital Partners, LLC for $286 per square foot. CLICK ON THE HEADLINE FOR MORE
The deal marks another sign of the strength of Miami’s office market as commercial investors shift away from cities like New York and San Francisco. CLICK ON THE HEADLINE FOR MORE
Director John K. Criddle has been selected to lease the buildings. CLICK ON THE HEADLINE FOR MORE
The buyer was Boca Raton-based IP Capital Partners, LLC., an entity managed by Josh Procacci. CLICK ON THE HEADLINE FOR MORE
Real estate entrepreneurs are jumping into the fray of South Florida’s red-hot market. CLICK ON THE HEADLINE FOR MORE
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