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NY Buyer Takes 49,650-SF Office Asset for $14M

MIRAMAR, FL-The property at 2901 SW 145th Ave. is 100% occupied by Royal Caribbean Cruise Lines.

By Natalie Keith | Updated on January 23, 2008

MIRAMAR, FL-A New York City-based private investor has acquired a 49,650-sf office building at 2901 SW 145th Ave. for $14 million. A joint venture of New York City-based Falcon Real Estate Investment Co. and a Kuwaiti-based institutional investor were the sellers.

The joint venture had acquired the building after it was constructed in 2003. The property is located on 8.2 acres and is 100% occupied by Miami-based Royal Caribbean Cruise Lines, which is using it for call center operations. The property has a 10-to-1 parking ratio and a floor plan that is conducive to call center operations.

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