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DELRAY CENTRAL | COMPARABLE SALES

Building:

1900-2000 NW C

orporate

R

eflections

in

the

P

ark

P

embroke

P

ines

M

edical

C

ampus

C

enturion

T

ower

C

ypress

P

ark

W

est

ADDRESS:

1900-2000 NW Corporate Blvd.

Boca Raton, FL

2200 NW Corporate Blvd

Boca Raton, FL

400-700 N Hiatus Road

Pembroke Pines, FL

1601 Forum Place

West Palm Beach, FL

6700-6750 N. Andrews Ave.

Fort Lauderdale, FL

BUILDING

SIZE:

122,608 SF

35,715 SF

91,955 SF

143,996 SF

225,757 SF

SALE DATE:

March 2017

Feburary 2017

December 2016

October 2016

September 2016

SALE PRICE:

$21,000,000

$7,516,214

$21,360,000

$26,000,000

$43,550,000

PSF:

$171

$210

$232

$181

$188

OCCUPANCY:

78%

97%

84%

91%

97%

CAP RATE:

7.1%

7.1%

7.5%

8.0%

7.8%

YEAR BUILT:

1982

1988

2000-2001

1998

1987-2003

1

2

3

4

5

TEAM SALE

Market Overview // Page 57