BigFoot Entertainment Acquires The Piazza Bldg

Big Foot Entertainment, Inc. acquired the flex building at 2939 N. Powerline Rd. in Pompano Beach, FL from Alpert LP for $ 2,769,075, or about $ 50 per square foot. The Piazza Building was bought in a short sale as an investment with only 50 percent occupancy at the time it closed. Th
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Breakers Capital Pays $18.5M for Office Bldg

Miami-based Breakers Capital Partners acquired 1700 Palm Beach Lakes Blvd. for just less than $ 18.5 million or about $ 162 per-square-foot. CBRE arranged the sale of the property. The 11-story Class A office building was constructed in 1988. It totals 113,953-square-feet and is locat
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Invesco Pays $140.5M for 130 Prince Street Bldg

INVESCO has acquired the office building at 130 Prince Street (aka 125 Wooster St.) in New York City for $ 140.5 million, or about $ 1,600 per square foot, from Waterman Interests LLC and institutional investors advised by JP Morgan Asset Management. The group acquired the asset in th
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Private Equity Group Buys Sunrise Office Bldg. from Bank

A local private equity group acquired Atrium West, a two-story office building at 7771 W Oakland Park Blvd in Sunrise, FL, from Wells Fargo for $ 4.8 million or about $ 51.79 per square foot. Constructed in 1983, the 92,689 square-foot suburban office building occupies the northeast c
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D Square Bldg Sells in Miami’s Design District

RD Design District LLC purchased the D Square office building at 3995 N Miami Ave. in Miami’s trendy design district for $ 6.15 million, or about $ 189 per square foot, from FT Holdings LLC and White DOve LLC. At the time of sale the property was approximately 95 percent occupie
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Danizzi Corp Pays $9.4M for Best Buy Bldg in Hialeah

Danizzi Corporation acquired the Best Buy building located at 4001 W. 20th Ave. in Hialeah, FL from M. H. Sherman Company for $ 9.39 million, or about $ 168 per square foot. The retail building totals 55,880 square feet and was built in 1996 with Best Buy as the sole tenant. Chuck Kle
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USGBC Announces 12,000th LEED Certified Bldg

The US Green Building Council (USGBC) has certified its 12,000th project through the LEED Green Building Program. Since its launch in 2000, the Leadership in Energy and Environmental Design program has transformed the way built environments are designed, constructed, operated and main
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American Welding Society Sells Miami Office Bldg

The American Welding Society sold its office building at 550 LeJeune Rd. in Miami, FL for $ 4.6 million, or about $ 99 per square foot. The four-story, 46,338-square-foot office building was constructed in 1971. At the time of sale, the property was vacant. It was the previous home to
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Piedmont Finalizes $387M Sale of Majority Stake in Leo Burnett Bldg.

Piedmont Office Realty Trust (NYSE:PDM), an Atlanta-based REIT, completed the sale of its 96.5 percent stake in Chicago’s 35 W. Wacker Drive to UBS Global Asset Management for approximately $ 387 million or $ 359 per square foot. The price equates to a value of nearly $ 401 million fo
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Golub, Blackrock Swap Chicago Office Bldg. for $183.5 Million

Golub & Co. and BlackRock Inc. traded the 439,434-square-foot office building at 22 W. Washington St. in downtown Chicago for $ 183.5 million or $ 418 per square foot. Prudential Real Estate Investors purchased the 17-story structure on behalf of institutional investors in its co
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