CORAL GABLES, FL, August 15, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Minorca Executive Center (top left photo), a 10,701-square foot office building with a private covered parking garage located in Coral Gables, FL, according to Kirk A. Felici, First Vice President/Regional Manager of the firm’s Miami office. The asset commanded a sales price of $2,200,000.
Kirk D. Olson (middle right photo), Benjamin H. Silver (lower left photo) and Drew A. Kristol, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Miami.
“The property is currently being operated as an executive suite office building with 10 tenants on short-term leases. The buyer will continue to operate the business and has future plans to build-out and occupy the space for their medical practice,” says Silver.
The building was completely renovated in 2006 and features a private parking garage for 21 cars. Minorca Executive Center is situated just east of South LeJeune Road and two blocks north of Alhambra Circle at 370 Minorca Avenue.
Press Contact:
Ashley Steele
Fort Lauderdale Office
(954) 245-3400
No comments:
Post a Comment