Brookwood Financial Partners has sold Park Centre for $16 million. Park Centre is a 132,843 net rentable square foot mixed-use office/retail property located in Miami, Fla. The property consists of two, single-story concrete block and stucco buildings of approximately 66,400 square feet each. The property is currently 91% leased. Brookwood acquired the buildings, and adjacent vacant land, in 1998 and 1999 for an aggregate purchase price of $7,750,000. CB Richard Ellis represented Brookwood Park Centre Investors Limited Partnership in the transaction. The purchasers were affiliates of Mariner Asset Management, LLC.
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