CBRE has arranged the $52.2 million sale of the fee simple interest in Weston Corporate Center, a recently renovated Class-A office park located in Weston, FL.
The property consists of two buildings, Weston Corporate Center I & II, that support a combined 149,103 square feet. The seller, KBS, acquired the property in 2015 and implemented upgrades to the center, including updated atrium lobbies with new furniture and a coffee bar, as well as a full renovation of all the multi-tenant restrooms in both buildings. The office park is located at 2500 Weston Road and 2700 S. Commerce Parkway.
Christian Lee and José Lobón of CBRE represented KBS in the transaction. The buyer was a joint venture between Banyan Street Capital and Independencia Asset Management.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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