Pair Of Broward Office Buildings Fetch $289 PSF

Nov 20, 2019 No Comments by

A pair of office buildings in the Sawgrass International Corporate Park in Sunrise were sold for $32.65 million.

Sawgrass & Spectrum SDCO, managed by Chicago-based DWS Group, sold the 112,791 square feet of offices at 789-799 International Parkway to MG3 Sawgrass Office LLC, an affiliate of Aventura-based commercial real estate firm MG3 Developer Group.

The price equated to $289 per square foot.

The buildings last traded for $10.45 million in 2001. They were developed on the 11.3-acre site in 2000 and were fully leased at the time of the sale.

 

Source:  SFBJ

 

 

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Broward County Office, Industry News, NA, Office
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