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134,000-SF Office Building Fetches $8M

MIAMI-The 11-story Dadeland Executive Center here consists of approximately 65,000 sf of class B office space and a four-story parking garage. Built in 1982, the building is about 88% occupied.

By Melissa Bogdany | Updated on October 09, 2003

MIAMI-Dadeland Plaza LLC has purchased Dadeland Executive Center, a 134,000-sf building in the city, for $8.1 million. The price equates to nearly $60.45 per sf. The building’s seller was Dadeland Executive Center Inc.

The building, located at 9700 S. Dadeland Blvd., consists of about 65,000 sf of office space and a four-story parking garage. The 11-story building, built in 1982, is a class B suburban office building. It was approximately 88% occupied at press time and tenants include Cingular Wireless and LanChile Air–which occupy 49% of the building.

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