Crocker Partners closed on the $262.5 million acquisition of the trophy downtown Miami office building and obtained $172.5 million in acquisition financing.
July 27, 2012 at 12:00 AM
1 minute read
In Miami-Dade County’s most expensive post-recession office transaction, Crocker Partners has closed on the $262.5 million acquisition of the Miami Center in downtown Miami, according to the broker for the seller.
The deal makes Boca Raton-based Crocker the biggest owner of offices in Miami’s commercial business district north of Brickell Avenue. The Daily Business Review reported Crocker had the 34-story Miami Center at 201 S. Biscayne Blvd. under contract in April.
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