Fountains At Camino Sold for $16M

Capmark Financial Group, Inc. sold the Fountains at Camino, a seven-building, mixed-use office and retail portfolio, to The Triad Group for $ 16 million, or about $ 88 per square foot.

The park is located at 7000-7700 West Camino Real in Boca Raton, FL and totals 184,575 rentable square feet including multiple retail banks and medical office users. Currently the property is 48 percent occupied. The buyer intends to reposition the asset to focus…
South Florida Commercial Real Estate News From CoStar Group