Regions Southeast
Miami Medical Office Building Trades at $316 Per-SF
Sept 5, 2008

The 53,700-square-foot Sunset Professional Center at 6280 Sunset Dr. in Miami has come under new ownership, courtesy of a transaction valued at approximately $17 million. ProMed Properties, which owns and operates a portfolio encompassing over 1 million square feet of medical and research office space, snapped up the six-story structure from Sunset Associates Ltd. L.L.P. Occupying a 1.4-acre parcel adjacent to South Miami Hospital, Sunset Medical Plaza sits within close proximity to U.S. Highway 1. The 28-year-old building also features an attached three-level parking facility. Marcus & Millichap Real Estate Investment Services represented both the buyer and the seller in the transaction.

 
Recent Southeast Headlines
Flagler Inks Tenant to 240,000-SF Lease at Florida Biz Park
Nov. 20, 2008
Flagler Development Group has signed paper products firm Lagasse Sweet to a 240,000-square-foot lease in a build-to-suit facility at Flagler Station, South Florida’s largest business park.
Miami Worldcenter City Commission OKs Zoning for 25-Acre Miami Worldcenter
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Urdang, a unit of BNY Mellon Asset Management, has announced the $48 million sale of two business centers in suburban Atlanta to CCI-B Marietta L.L.C., a partnership formed by Capital Commercial Investments Inc. The properties total nearly 14 buildings on 48 acres and comprise 620,000 square feet of office, medical, retail and warehouse space.
Channelside Acquires The Place at Channelside in Tampa
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Freddie Mac Funds $50M for Pair of Alabama M-F Properties
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The Dallas office of Holliday Fenoglio Fowler L.P. has secured a $50.78 million loan through Freddie Mac for the owners of two Alabama multi-family properties with a total of 792 units.