Stephen Ross’ Company Buys Broward Tech Office For $37M
The purchase incudes two office buildings totaling nearly 206,000 square feet, along with a 2.13-acre vacant parcel.
The purchase incudes two office buildings totaling nearly 206,000 square feet, along with a 2.13-acre vacant parcel.
The refinancing equates to roughly $566 per square foot.
According to local brokers, asking rents in excess of $100 per square foot are prompting more companies to explore suburban alternatives. That shift is helping spark new office construction outside the urban core.
The property totals roughly 221,700 square feet and includes a four-story parking garage with 669 spaces. About 20 percent of the office space is currently available for lease.

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