Wednesday, September 26, 2012

HFF named to market for sale three office property offerings located in Florida and Texas




MIAMI, FL – HFF announced today that it has been named to market the sale of three office/office park properties in Florida and Texas.  The properties are: Pelican Bay Financial Center (top left photo) in Naples, Florida; University Park (middle right photo) in Fort Myers, Florida; and CenterPoint I, II & III (lower left photo) in Arlington, Texas.

                The properties represent the final North American holdings for a family-owned company based in Germany.  The assets may be purchased individually or as a portfolio.

Pelican Bay Financial Center is a 61,145-square-foot, Class A office building that is fully leased to tenants including Morgan Stanley and UBS.  The property is situated at the entrance to the affluent residential community of Pelican Bay, and is close to The Club at Pelican Bay, The Ritz Carlton Naples and The Waldorf Astoria.

                University Park is a four-building, Class A office park totaling 166,391 square feet plus a development site zoned for an additional 144,000 square feet.  The property is 57 percent leased to tenants including Morgan and Morgan P.A., Source Medical, Amerprise Holdings and Investors’s Security Trust Company of Florida.  Located at the intersection of Summerlin Road and College Parkway, University Park is close to the Lee County Campus of Edison State College, the Gulf Coast Medical Center and Interstate 75 in Fort Myers.

CenterPoint I, II and III are situated on 14.19 acres along Interstate 30 within the Arlington Texas Entertainment District that includes the Dallas Cowboys Stadium, Six Flags over Texas and the Rangers Ballpark in Arlington.  The property consists of three office buildings totaling 279,338 square feet that are 94 percent leased to tenants including North Central Texas Council of Governments.    

The HFF investment sales team representing the seller is led by executive managing director Manuel de Zárraga, senior managing director Hermen Rodriguez and director Ike Ojala in HFF Miami and director Elizabeth Malone in HFF Dallas.

Contact:

KRISTEN M. MURPHY
HFF Associate Director, Marketing
(713) 852-3500

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