Lyons Technology Center Sells For $49 Million
The sale price equates to $214 per square foot.
The sale price equates to $214 per square foot.
JLL simultaneously arranged a $65.8 million preferred equity investment from Pensam.
This is the firm’s second development site acquisition in greater downtown Miami within a period of eight months.
JLL represented the seller and procured the buyer.
JLL Capital Markets arranged the sales of the 70,288-square-foot Shops at Sunset Lakes in Miramar, Florida and the 109,811-square-foot Town Center Shops at Jensen Beach.
He has consistently been one of the nation’s top producers, receiving several industry achievements, including being named top producer for industrial capital markets in 2021.
The portfolio totals 895,958 square feet.
The 100-percent-leased Deerwood Town Center is anchored by a strong-performing Fresco y Mas and Home Depot and also includes Amped Fitness, Pet Supermarket and TD Bank.
The JLL Capital Markets team representing the seller was led by Director Max La Cava, Senior Managing Director Brian Shanfeld, Managing Directors Jason Dewitt and Luis Castillo and Vice President Steven Okon.
JLL Capital Markets brokered the transaction on behalf of the seller, an investment group from South America.
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.