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Wachovia Bank High-Rise on Biscayne To Go Condo

Local Converter Pays University $12.6M for 92,000-SF Property
By Jonathan Heifetz
November 20, 2006 | 10:41 P.M.

Rhode Island-based Johnson & Wales University sold the property at 12550 Biscayne Blvd in Miami. Locally based NR Investments paid $12.6 million, or about $137 per square foot, for the building with 92,000 rentable square feet.

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