Baptist Health buys Coral Gables office building for $12.5M
Baptist Health South Florida spent $12.5 million on a Coral Gables office building just down the road from its executive offices.
Park Place Centre, managed by Kenneth D. Rosen on behalf of the Ellen K. Rosen trust, sold the 33,194-square-foot building at 1500 Monza Ave. to the non-profit. Given that the building has 25,000 square feet of rentable space, the price works out to $377 per square foot of total square foot or $500 per rentable square foot.
Kenneth D. Rosen, a successful real estate investor and condo conversion pioneer releases his second book.
“Much has changed in real estate since the first edition of my book was published in 2008,” states acclaimed local author and Miami real estate guru Kenneth D. Rosen. “Anyone can invest and make money in real estate if they follow my Big Six Formula.” Read more on Miami’s Community Newspapers website
Books & Books becomes its own landlord with $15M deal
Sime Realty Corp. CEO Scott Sime and Ken Rosen of Kendar Realty brokered the sale of the 41,763-square-foot office building at 255-265 Aragon Ave. The seller was DLGN Holdings, managed by Raul Garcia and Veronica Garcia in Coral Gables. The price equates to $359 a square foot. Read more on South Florida Business Journal’s website