The most recent sales price is slightly higher than what Prudential Insurance Co. of America paid for it in 1995, according to property records. However, the insurance company sold the property for $15.8 million.
The five-story building's current tenant roster includes Dental Network of America, Johnson & Mattey, Fair Isaac & Co., Crown Pacific and Beech Street Corp. However, occupancy at the 22-year-old building is 79%.
"We already have a number of lease deals being negotiated as we speak," says NAI Hiffman leasing broker Mike Van Zandt, whose company is marketing space at $18 per sf. "We expect the market to be very receptive to our programs and the brokers and tenants will find Broe to be very easy to deal with in getting their deals done."
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