The sale of the 17.8-acre, 280,000-square-foot office park that includes three buildings breaks down to about $259 per square foot. CLICK ON THE HEADLINE FOR MORE
The buildings, totaling 53.96 acres in Miami Lakes, Miami and Hollywood highlights the continued strength of the the South Florida industrial real estate market. CLICK ON THE HEADLINE FOR MORE
The transaction was part of a six-property deal by Sacramento-based McClatchy where its newspapers sold six properties in four states to its pension plan for a combined $47 million. CLICK ON THE HEADLINE FOR MORE
Baywood bought the property out of foreclosure in 2012 for $17 million, which means the company made $19 million over four years. CLICK ON THE HEADLINE FOR MORE
