Broward Office Building Sold For Loss At $17 Million

The office building lost nearly 50% in value from its last trade.

Topics:  office building   
BING NEWS:
  • Broward office building sold for loss at $17 million
    The buyer said the high quality of the office building was attractive at today’s pricing and sees significant potential for growth after investing in upgrades to elevate the property.
    09/24/2024 - 1:10 pm | View Link
  • Downtown Minneapolis building sells for 90% less than it did in 2019
    Another sign of the struggle facing downtowns as two Minneapolis office towers sell for a fraction of what they were worth just five years ago. The Forum buildings on 2nd Avenue sold last week for $6.
    09/19/2024 - 2:14 am | View Link
  • Building moves suggest trouble in Downtown Sacramento's office sector
    Of the three, Bacon said, that's the building with the starkest prospects. Though he said he wouldn't use the term functionally obsolete, Renaissance Tower is an aging building at a tough intersection ...
    09/18/2024 - 4:46 pm | View Link
  • Some downtown office buildings are selling at extremely steep discounts. Here's what it could mean
    While worries have been mounting about the loss of a critical property tax base, the drop in prices of office towers also brings new flexibility for developers.
    09/18/2024 - 1:24 pm | View Link
  • NOTABLE TRANSACTIONS: Office buildings in West Des Moines sold for $3.79 million
    Kavi Ventures LLC, located in West Des Moines, paid Lifespace Communities Inc. $3.79 million for property at 4201 Corporate Drive in West Des Moines, Polk County records show. The 3-acre parcel ...
    09/18/2024 - 12:00 am | View Link
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