The 284,599-sf building sold for approximately $134.93 per sf. It is more than 86% leased.

"We are extremely pleased with the quality of the building and its location immediately west of Brickell Avenue, which provides easy accessibility to major thoroughfares and to public transportation," Thomas W. Brown, senior managing director and director of acquisitions for Brookwood, says in a statement. "In addition, plans for a new mixed-use project adjacent to the property will add to the quality amenities offered to tenants of the building."

That mixed-use project, called Mary Brickell Village, entails a Publix-anchored shopping center with tenants such as P.F. Changs and Starbucks. The newly acquired building also includes 15 parking garage levels.