MIAMI—Parkway Properties shelled out $145.8 million for the class A Courvoisier Centre, a 346,000-square-foot, two-building office complex located on Brickell Key in Miami, in April. Now, the firm is getting ready to ramp up leasing at trophy asset and has picked Transwestern the lead the charge.

The office buildings are currently 83.4% occupied. When Parkway bought the asset, executives said they expected to generate an initial full-year cash net operating income yield of 4.5%.

“Courvoisier Centre is a premier asset that offers tenants the exclusivity of a gated island with world class on-site amenities, an adjacent Mandarin Oriental Hotel and views of Biscayne Bay and Miami's Central Business District,” says Eric Groffman, Transwestern's senior vice president and leasing director. Groffman along with Josh Gibbons, senior associate, will market and lease the property on behalf of Parkway.

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