“As enterprise users migrate out of corporate owned facilities to the cloud, in many cases they are leaving behind excellent real estate that can be repurposed, creating great investment opportunities.”
“Both the sponsor and the lender recognized the asset's potential and the strong employment drivers that would push rent growth, as well as generate increased demand for the location over time."
“This sale is a great example of the continued demand that we are seeing from sophisticated buyers for high-quality, well located suburban office properties in South Florida.”