The project, built in 2000, consists of two buildings--a smaller building and a larger building attached by an open breezeway. The buildings are approximately 96% occupied.
The per-sf price is a South Florida record for multi-tenant buildings with more than 100,000 sf, said senior director Jay. M. Caplin in Cushman & Wakefield's Financial Services Group in Miami, one of the brokers involved in the transaction.
The class A property is anchored by Wachovia Bank and includes a five-story parking garage. The building is marked with architectural design by renowned architect Phillip Johnson. Unique architectural features include a corner recessed area, characteristic of a nautilus shell, which allows for dramatic views of the area.
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