A real estate investment fund linked to Prudential Financial Inc. partnered with Stiles Corp. for the $108 million acquisition of Fort Lauderdale's New River Center on Las Olas Boulevard.
December 26, 2014 at 12:00 AM
1 minute read
A real estate investment fund linked to Prudential Financial Inc. paid a staggering $108 million for Fort Lauderdale’s New River Center in a joint venture with Stiles Corp.
PRII SR 200 East Las Olas Owner LLC, a limited liability company linked to Prudential Real Estate Investors in Madison, N.J., partnered with Stiles to purchase the 20-story trophy office tower on 1.4 acres in the heart of Fort Lauderdale’s bustling central business district.
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