Las Olas City Centre Owner Revealed

Aug 01, 2011 No Comments by

Las Olas City Centre, located at 401 East Las Olas Blvd., is under contract for about $160 million, or $400 a square foot. 

The Fort Lauderdale building, remodeled in 2005, appraised at $84 million by the Broward County property appraiser last month.

Rumor has it the buyer of the Fort Lauderdale property is a fund that JP Morgan Investment Management operates.

Stiles, which built the building in 2002, co-owns the 408,000 square-foot property with majority owner San Francisco-based Shorenstein Realty Services.

Source:  SFBJ

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Broward County Office, Industry News, NA, Office
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