Alejandro Velez Of Midtown Capital Partners Acquires Office Asset In Pembroke Pines For $44.5M

The Edison Pembroke Pines, located at 1200-1300 Southwest 145th Avenue in Pembroke Pines, is a 263,000-square-foot office property that recently sold for $44.5 million, equating to approximately $170 per square foot. The sale reflects the asset's institutional-quality status, amidst ongoing investor interest in Broward County.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $44,500,000
• Square Footage: 263,000
• Price Per Square Foot: $169
• Buyer: Alejandro Velez - Midtown Capital Partners
• Seller: Bradford Smith & Nathan Pramik - TPA Group
• Transaction Date: 01/14/2026

This transaction involved Alejandro Velez representing Midtown Capital Partners as the buyer, while Bradford Smith and Nathan Pramik represented TPA Group as the sellers. The deal signals a continued demand for high-quality office space in the local market, with the buyer acquiring the asset through an LLC linked to Midtown Capital Partners, showcasing their strategic positioning in Broward County.