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Miami Office Building Fetches 39% Return

Florida Investor Acquires Waterford Centre at Blue Lagoon

Waterford Centre at Blue Lagoon in Miami was nearly 90% leased at the time of sale. (Cushman & Wakefield)
Waterford Centre at Blue Lagoon in Miami was nearly 90% leased at the time of sale. (Cushman & Wakefield)

A six-story office building in Miami's largest and most prominent market has sold for $30.4 million, a 39% increase after nearly six years.

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