The 10 properties of the joint venture, Crescent Brookdale Associates, are Satellite Place 300, 400 and 600 and Corporate Center One at Deerfield in Atlanta; Corporate Center One at International Plaza and Hidden River One, Two and Three in Tampa; and One and Two Resource Square in Orlando. The properties are 90% leased.

Brookdale and Crescent didn't disclose terms of their deal or estimate the value of the 1.6 million-sf portfolio in a prepared statement. But area brokers familiar with the suburban office markets tell GlobeSt.com on condition of anonymity the 10 properties are worth at least $240 million, based on their estimated hard construction cost alone.

In the Southeast, Crescent has developed a total 12 million sf of office, industrial and retail product over the past 30 years. The company is owned by Charlotte-based Duke Energy.