SOLD
IP Capital Partners Acquires Office Building In Sunrise From Stiles Corp. For $25M
1300 Sawgrass Corporate Parkway
Office
112,601 SF
112,601 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Office
112,601 sqft
The office property located at 1300 Sawgrass Corporate Parkway in Sunrise has been sold in a transaction. The property, spanning 112,601 square feet, was sold for a total price of $25,000,000, resulting in a price per square foot of $222. This office asset is situated on 8 acres of land, with an average price per acre of $3,125,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $25,000,000
- Address: 1300 Sawgrass Corporate Parkway, Sunrise
- Market: Sunrise
The buyer in this transaction is IP Capital Partners, represented by Jason Isaacson. On the other hand, the seller is Stiles Corp., represented by Kenneth Stiles. The deal, completed on 03/25/2021, involved the transfer of ownership of the aforementioned property.
Details
SOLD
IMAGE: Jason Isaacson & Kenneth Stiles
DATE: 03/25/2021
ADDRESS: 1300 Sawgrass Corporate Parkway
MARKET: Sunrise
ASSET TYPE: Office
BUYER: IP Capital Partners - Jason Isaacson
SELLER: Stiles Corp. - Kenneth Stiles
PRICE: $25,000,000
SF: 112,601 ~ PPSF: $222
ACRES: 8 ~ PPA: $3,125,000View on map
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Address1300 Sawgrass Corporate Parkway
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