Midtown Capital Partners Acquires Office Property In Miramar For $22.6M

The sale of an office asset in Miramar has been finalized. The property, located at 2900 Monarch Lakes Boulevard, was sold for a price of $22,600,000. Spanning across 56,710 square feet, the office was transacted at a rate of $398 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $22,600,000
• Address: 2900 Monarch Lakes Boulevard, Miramar
• Square Footage: 56,710
• Price Per Square Foot: $398

The buyer, Midtown Capital Partners, represented by Alejandro Velez, acquired the office asset from United Data Technologies. The sellers were Enrique “Henry” Fletches and Gerard Amaro. The transaction was facilitated by a team of brokers from Cushman & Wakefield, including Jason Hochman, Scott O’Donnell, Mike Ciadella, Dominic Montazemi, Greg Miller, and Miguel Alcivar.