Delray Central OM

DELRAY CENTRAL | COMPARABLE SALES

4

2

5

3

1

TEAM SALE

P embroke P ines M edical C ampus

1900-2000 NW C orporate

R eflections in the P ark

C enturion T ower

C ypress P ark W est

Building:

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

ADDRESS:

122,608 SF

35,715 SF

91,955 SF

143,996 SF

225,757 SF

BUILDING SIZE: SALE DATE:

March 2017

Feburary 2017

December 2016

October 2016

September 2016

$21,000,000

$7,516,214

$21,360,000

$26,000,000

$43,550,000

SALE PRICE:

$171

$210

$232

$181

$188

PSF:

OCCUPANCY:

78%

97%

84%

91%

97%

7.1%

7.1%

7.5%

8.0%

7.8%

CAP RATE:

1982

1988

2000-2001

1998

1987-2003

YEAR BUILT:

Market Overview // Page 57