Regions Southeast | Miami
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.

 
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Flagler Inks Tenant to 240,000-SF Lease at Florida Biz Park
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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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Nov. 06, 2008
Flagler Real Estate has broken ground on the new 400,000-square-foot retail expansion at The Palms at Town & Country in Miami. When completed, the 75-acre site located at 8268 Mills Drive and owned by TIAA-CREF, will house 700,000 square feet of mixed retail components in an open-air design and a 133,000-square-foot Professional Arts Center.