Mercede Executive Office Park Fetches $15M

PLANTATION, FL-Mercede Realty Associates of New York paid $111.11 per sf to a local investment partnership for the approximately 135,000-sf park, which has a total of seven office and retail buildings.

By Melissa Bogdany | September 22, 2004 at 10:01 AM

The seller was a locally based investment partnership. Ronald Osborne and Kirk Felici, senior investment specialists in Marcus & Millichap Real Estate Investment Brokerage Co.'s Fort Lauderdale, office and members of the company's National Office and Industrial Properties Group, represented the seller as well as Mercede Realty Associates in the transaction.

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